For Sale

9524 Springwater Road, Malahide (Orwell), Ontario N5P3S7

$1,249,000

9524 Springwater Road, Malahide (Orwell), Ontario N5P3S7 is For Sale and has a listing price of 1,249,000. The property is located in the Malahide neighbourhood. It's been on the website for 17 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 9
    Bedrooms
  • 7
    Bathrooms
  • 15
    Parking Spaces
  • MLS ID: X9301589
  • Office Name THE AGENCY
Property Description

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment. (id:43137)

Property Details
  • Bedrooms: 9
  • MLS ID: X9301589
  • Bathrooms: 7
  • Price: $1,249,000
  • Transaction Types: For Sale
  • Ref ID: 27370979
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/05/2024 X9301589 $1,249,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Malahide
  • $1,034,674 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 71 Median Days on Market
    based on 1 year
  • List vs. Selling Price 115.01 % Up
  • Sold (12mo) 36
  • Rented (12mo) 0

  • 1 Month Change +23.8%
  • 3 Month Change +27.6%
  • 6 Month Change -5.6%
Walkscore
Property Type Distribution
  • All Houses
    83.94%
  • Commercial
    15.16%
  • Land for Sale
    0.9%
Additional Details
  • Sewers Septic System
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 15
  • Property Features Sump Pump
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/09/2024 00:00:00
  • Agent Name: CHRIS COSTABILE
  • Last Updated: 05/09/2024 18:11:07
Open House Dates
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