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Residential Commercial MixINCOME INVESTMENT PROPERTY FOR SALE IN TILBURY, ONTARIO CANADA
10 UNIT INCOME PRODUCING BUILDING
SIX APARTMENTS & FOUR COMMERCIAL UNITS
Greater details, pictures and contact can be found at: privilegedinvestors.com/Tilbury10.html
About seller - This is a Private Seller doing estate planning and no notes will be taken or offered by the seller on the sale of this property/building.
About the Property - The property here being offered has had many updates in 2017 and 2018. Updating for new fire code requirements and in some areas even moving beyond them to the stricter 9/11 codes in the USA that Canada has yet to bring in if they ever will. Just minuets away from Canada´s busiest highway the 401 (15 Mins from Chatham) 35 mins to the U.S. border and around 3 hours to Toronto.
All units have their own utility meters.
Building Potential & Uses
• Income Investment property
• Your own commercial offices or retail
• Or great for a business family overseas (Hong Kong etc) seeking to relocate to Canada and setup a new home & business or businesses.
• and many more..
Four Commercial Units Six Apartment Units
486 sqr ft.
1400 Sqr. ft
1500 Sqr. ft
6000 Sqr. ft.
Unit #1 One Bedroom 1000sqr ft.
Unit #2 One Bedroom 1000sqr ft.
Unit #3 Three Bedroom/Two Bathrms 2400sqr ft. garage, new rooftop forced air with central air.
Unit #5 Bachelor approx 500 to 630 Sqr ft.
Unit #6 Bachelor approx 500 to 630 Sqr ft.
Unit #7 Twi bedroom 1250 square ft. Forced air furnace central air..
All electrical has been updated with full ESA approval within the last 2 years ..
RENTAL INCOME EXPENSES
$ 86,400 Annual potential rent collectible
$ 16,145 Annual Property Tax + Insurance + Water
Size: 18000 sq. ft.
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