VERSATILE AND VALUABLE FOURPLEX IN UXBRIDGE, ONTARIO - PERFECT INVESTMENT OR HOME

About 61 Main St S:

If you're looking for an investment property or a place to call home in Uxbridge, Ontario, then this fourplex may just be the perfect fit for you. The best thing about this property is its incredible value for money; with four units, you can generate a steady stream of income that will help you pay off your mortgage in no time.

The fourplex is located in the heart of Uxbridge, a charming town that's known for its natural beauty and rich history. The property is situated on a large 54 x 110 ft lot, which provides ample space for parking, gardening, and outdoor activities. The exterior of the building is finished in attractive vinyl siding, which is easy to maintain and gives the property a modern look.

One of the most impressive features of this property is the detached garage, which provides parking space for multiple vehicles. This is a rare find in Uxbridge, where parking can be hard to come by. With nine parking spaces in total, you can rest assured that your tenants or guests will never have to worry about finding a spot to park their car.

The interior of the building is equally impressive, with four spacious units that offer plenty of living space for you and your tenants. The raised bungalow architecture style gives the property a unique character and adds to its curb appeal. Each unit has its own entrance, which provides privacy and convenience for everyone.

The basement features an apartment with a separate entrance, which adds to the property's versatility. You can rent out the basement apartment to generate additional income, or you can use it as a guest suite or a home office. The possibilities are endless.

All four units have electric baseboard heaters, which are easy to use and energy-efficient. The property is also equipped with natural gas, electricity, cable, and sewer, so you won't have to worry about utility hookups. This is a huge advantage, especially if you're planning to rent out the units.

The property is located in a family-friendly neighbourhood that's close to many amenities, including hospitals, parks, schools, and public transit. This makes it an ideal location for families, students, and professionals who want to live in a convenient and accessible area.

The annual property taxes for this property are $4,463.63 (CAD), which is reasonable given the property's size and location. With so many features and amenities, this fourplex is an excellent investment opportunity that's sure to pay off in the long run.

In summary, the best thing about this property is its versatility and value for money. With four units, a detached garage, and ample parking space, you can generate a steady stream of income and build equity over time. Whether you're an investor or a homeowner, this fourplex is definitely worth considering.