For Sale

2236 LINE 34, Shakespeare, Ontario N0K1J0

$1,399,000

2236 LINE 34, Shakespeare, Ontario N0K1J0 is For Sale and has a listing price of 1,399,000. The property is located in the Perth East neighbourhood. It's been on the website for 35 Days.

  • Multi-family
    Property Type
  • Fourplex
    Building Type
  • 6
    Bedrooms
  • 4
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: 40632739
  • Office Name The Realty Firm Inc Brokerage
Property 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. (id:43137)

Property Details
  • Bedrooms: 6
  • MLS ID: 40632739
  • Bathrooms: 4
  • Price: $1,399,000
  • Transaction Types: For Sale
  • Ref ID: 27305814
  • Year Built: N/A
  • Building Type: Fourplex
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
08/19/2024 40632739 $1,599,000 For Sale - -
08/19/2024 40633539 $1,599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Perth East
  • $870,831 Average List Price
    based on 1 year
  • 17 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 51.5 % Up
  • Sold (12mo) 9
  • Rented (12mo) 0

  • 1 Month Change +23.6%
  • 3 Month Change +29.2%
  • 6 Month Change +1.9%
Walkscore
Property Type Distribution
  • All Houses
    70.9%
  • Commercial
    11.76%
  • Condo
    15.79%
  • Land for Sale
    1.55%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Stone, Stucco
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 10
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 19/08/2024 00:00:00
  • Zoning Dc 896
  • Agent Name: Kyle Ward
  • Address Subdivision: 47 - Shakespeare
  • Last Updated: 12/09/2024 16:17:19
Open House Dates
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