Frontside or backside of a home, cottage for 2236 Line 34, Shakespeare Ontario N0K 1J0
128 days on Market

2236 Line 34, Shakespeare, Ontario N0K 1J0

Townhouse
-
4
~5159 sqft
$1,399,000
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Townhouse
-
4
~5159 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$271/sqft

Est. Mortgage$6,008/mo

Tax Amount (2024)$4,819/yr

Days On Market128 days


Description

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice.


Property Details

StyleResidential Income
View-
Age of property2022
SqFt~5159 SqFt
Lot Size-
Parking Spaces10
MLS ®Number40632739
Community NamePerth East
Data SourceITSO
Listing byRevel Realty Inc. Brokerage Plattsville

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by Revel Realty Inc. Brokerage Plattsville, Brokerage
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Population and Demographics

Overview

Total population 13825
Average household income $124,283

Age (%)

0 to 19
29%
50 to 64
20%
20 to 34
18%
65 and plus
17%
35 to 49
17%

Household composition (%)

Single family
77%
Single person
20%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
82%
German
9%
Pennsylvania German
3%
Others
2%
Plautdietsch
2%
Dutch
1%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget