378 Mara Road, Brock (Beaverton), Ontario, L0K1A0
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$1,199,000
Brock
This multi-family property in Brock is for sale. It has been on the market 52 days, fresher than the Brock average of 74 days.
Attention Investors!!! Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with 78+ CAP Rate! This Century Home Investment Offers loads of Character. Five 2-Bedroom Apartments with Legal NCStatus. Over $9,200/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 10 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More! Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 52 days on market, against an average age of 74 days across the listings currently for sale in this city
This multi-family in Brock (Beaverton) has been listed for 52 days, which is 22 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 13.6× the local median household income of $88,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 166% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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Loading rates, 30-yr amortization
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