Address
1692 Central St Pickering, ON
Price
$ 1,478,800
Property Attributes
  • MLS#E5144209
  • TypeMulti-Family
  • CityPickering
  • AreaRural Pickering
  • NeighbourhoodPickering
  • Postal CodeL1Y 1B3
  • Style2-Storey
  • Taxes7892
  • Price$ 1,478,800
  • Bedrooms7
  • Full Bathrooms6
  • Half Bathrooms0
Listing Provided Courtesy Of:
TESA REAL ESTATE INC., BROKERAGE
Data Source:
Toronto Real Estate Board
Property Description

A Perfect Opportunity For A Small Family To Live For Free And Make Money. Take Over The 2 Bedroom Unit Of This 6 Plex Multi-Residential & Commercial Property And Have The Remaining Tenants Cover All Costs And Generate A Positive Cash Flow Above And Beyond All Costs. This Property Is Located In The Heart Of Claremont (North Pickering) And Surrounded By Multi-Million Dollar Homes And Minutes Away From Hwy 7 And 407. 5% Cap Rate, 74K Noi. Financials Attached.

Price History
3/10/2021 Listed $1,478,800

General Features

Area Durham
Basement None
Community Rural Pickering
Extras Every Unit Has Been Renovated Inside And Out, With $500K Spent. New Roofs, 2018-19, New Sidings 2018-19, New Windows 2019, New Furnaces & A/C 2019
Features Fenced Yard
Garage Spaces 1.0
Heater Type Baseboard
Legal Description Pt Lt 1 Pl 12 (Pt Lt 19 Con 9, Pickering) As In D4
Lotdepth 112.00
Municipality Pickering
Parking Spaces 8
Property Sub Type Multiplex
Rooms 27
Status A
Style 2-Storey
Tax Year 2020
Taxes 7892.38
Water Well
Zoning Mixed Use / Multiplex / C2

Interior Features

A/C Central Air
Basement Unfinished
Family Room Yes
Fireplacestove No
Heat Source Gas
Kitchens 4
Total Bedrooms 7
Washrooms 6

Exterior Features

Drive Available
Exterior Vinyl Siding
Frontingonnsew No
Garage Type Detached
Pool Y/N None
Sewers Tank

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in L1Y 1B3

Price
AVG $1.45M
$1.48M
Taxes
AVG $7,027
$7,892
Visits
AVG 52
54