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348 Durham St E Brockton, Ontario N0G 2V0

5 Bathroom 3915 sqft
Partially Air Conditioned

$700,000

Are you looking for an investment opportunity that offers immediate cashflow and a solid return on investment? Look no further than this stunning, fully renovated mix-use building in the heart of beautiful Walkerton's main street, a short distance from Bruce Powerplant. Featuring a commercial unit and two spacious two bedroom residential units (one can easily be converted back to a 3 bedroom unit), this property is the perfect blend of versatility and profitability. The commercial unit features a busy restaurant that has a high volume of foot traffic and take-out business. With a 7 cap rate, you can expect a healthy return on your investment, and with its passive income stream, you'll be able to sit back and watch your investment grow. Cashflow positive from day one, this fully renovated multi-use building is a smart investment choice for anyone looking to expand their portfolio or start generating passive income. Save your hammer for another project! (id:51300)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X7050096
Property Type Multi-family
Neigbourhood Walkerton
Parking Space Total 4

Building

Bathroom Total 5
Cooling Type Partially Air Conditioned
Size Interior 3915 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular 25.99 X 150.56 Ft
Size Total Text 25.99 X 150.56 Ft

https://www.realtor.ca/real-estate/26127233/348-durham-st-e-brockton

Christine Awasthy
Salesperson

(416) 930-9522
(416) 930-9522
www.scalerealestate.ca/

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