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$1,050,000
Georgina
24845 Warden Avenue, Georgina (Belhaven), Ontario, L4P3E9
This multi-family property in Georgina is for sale offering roughly 3,250 sq ft of space. It has been on the market 0 days, fresher than the Georgina average of 76 days.
Exceptional investment opportunity featuring a legal non-conforming 5-plex in a peaceful country setting just minutes from Keswick. Ideally located on a commuter corridor with quick access to major routes to Toronto, Highway 404, and only 10 minutes to the GO Park & Ride. The property comprises three 2-bedroom units, and two 1-bedroom units , all currently tenanted, providing immediate and stable rental income. Set on a picturesque lot backing onto open countryside with no immediate neighbours, this well-maintained building offers privacy, tranquility, and strong tenant appeal. Additional features include ample on-site parking, coin-operated laundry, and an unfinished basement providing valuable tenant storage space. An excellent opportunity for investors or downsizers seeking a live-in income property, with the potential to occupy a unit while benefiting from rental revenue from the remaining suites. Conveniently located close to town amenities, shopping, schools, and commuter routes. All existing tenants to be assumed by the Buyer. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 76 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This 8-bed multi-family in Georgina (Belhaven) has been listed for 0 days, which is 76 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,050,000, about 10.3× the local median household income of $102,000.
Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 101% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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