36 SHEDDEN STREET, Brock (Cannington)
$759,900
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 8 bedrooms, 4 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® N13726980
- Neighbourhood
- Cannington
Discover an exceptional investment opportunity in the charming community of Cannington. This well-maintained four-plex offers the perfect blend of immediate cash flow and future upside potential, featuring four bright and spacious 2-bedroom apartments, all occupied by reliable long-term tenants. Ideally situated on full municipal services and directly across from a beautiful nature trail, this property offers tenants a peaceful setting with the convenience of town living. Valuable features including four separate hydro meters, four water heaters, and four private garden sheds for added tenant convenience. A turnkey investment with all four units fully rented, currently generating $3010.00 per month in rental income. Tenants pay their own utilities, with only one unit including water costs, helping keep operating expenses manageable. With cosmetic updates or renovations, there is excellent potential to significantly increase rental income and maximize returns over time. Whether you're looking to expand your portfolio or secure a solid income-producing property with future growth potential, this four-plex presents an outstanding opportunity in a welcoming small-town setting.
Sold data
Homes in Cannington — recent sold market
Homes in Cannington took a median of 16 days to sell over the last 730 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 33, across 43 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 27 days.
The median sale price was $659,000.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
- Median days to sell
- 16
- Median sale price
- $659,000
- Sale-to-list ratio
- 97.7%
- Sold above asking
- 14%
Based on 43 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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