60 CHURCH Street, PARRY SOUND

2024-04-22
 

Quick Summary

Location
60 CHURCH Street, PARRY SOUND, Ontario P2A1Y7
Price
$2,200,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
7623ft2
Bedrooms:
12
Bathrooms:
10
Brochure Link:

MLS®#40563973

Property Description

Explore the multifaceted investment opportunity at 60 Church Street in the heart of Parry Sound, where potential meets profitability. This unique property offers a mix of 9 diverse residential units, comprising four two-bedroom apartments, four one-bedroom apartments, and a spacious three-bedroom apartment. Adding to its appeal is a versatile shop/garage space with three bays and double depth for additional rental income or operational use. Nestled on a substantial lot, 60 Church Street presents an exceptional chance for expansion, allowing investors to envision and execute additional development. Seize the opportunity to capitalize on immediate cash flow while strategically planning future growth in a location poised for appreciation. The rents are 27% below market value and that means great upside potential. Gross Income - $161,163. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:32467)

Property Features

Building

  • Basement Development: Partially finished
  • Basement Type: Full (Partially finished)
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 7623 sqft
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Shared Driveway, Laundry- Coin operated

Land

  • Land Size: 1/2 - 1.99 acres
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R3

Information entered by Maven Commercial Real Estate Brokerage
Listing information last updated on: 2024-09-24 16:14:13


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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