18 Roselawn BLVD new

South River,ON P0A 1M0

$ 1599000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision South River

MLS Listing ID X12198359

Style Bungalow

Bedrooms 8

Annual Tax Amount $7,696

Tax Year 2024

Property Sub-Type Multiplex

Property Description

8-unit one floor apartment complex made up of from two separate 4-unit buildings. Each self-contained one-bedroom unit contains a separate entrance, foyer, three piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $57,882.78. Total lot area is 9 acres.

Location

Province ON

County Parry Sound

Community South River

Area Parry Sound

Rooms

Family Room No

Basement Crawl Space

Kitchen 8

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.0

Lot Depth 428.0

Total Parking Spaces 8

Building

Foundation Insulated Concrete Form

Others

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