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12
BEDROOMS12
BATHROOMS6
KITCHENS30
ROOMSX13579458
MLSIDContact Us
Property Description
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
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Nearby Intersections
Property Features
Public Transit, Place Of Worship, Park, Rec./Commun.Centre, School, None, Available, Ramped Entrance
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Property Details
Property Type
Multiplex
Lot Size
75' x 123'
Taxes
$10,120 (2025)
Basement
Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Services Ltd., Brokerage
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