8867 MCKINNON ROAD, Essa (Angus)

$1,249,000

For sale: Multiplex

Multiplex at 8867 MCKINNON ROAD, Essa (Angus)
Property type
Multiplex
Bedrooms / bathrooms
7 bedrooms, 5 bathrooms
Living area
3,000 sqft
MLS®
MLS® N13687672
Neighbourhood
Angus

Outstanding investment or multi-generational opportunity in the booming town of Angus! This turnkey, all-brick, legal non-conforming 5-plex is fully tenanted on a month-to-month basis with excellent inclusive rents already in place. The property offers a versatile unit mix featuring three bachelor suites, one spacious 1-bedroom plus den apartment, and an expansive 3-bedroom unit. Lower level laundry room and massive utility space ideal for extra storage or workshop area. Built to last, the building features a durable metal roof, a double detached garage equipped with hydro, and ample parking for all occupants. Utility systems include a single hydro meter, shared Rogers Wi-Fi internet, and propane service powering four kitchen stoves and the hot water heater. Situated in a highly convenient location directly on a public transit route, tenants are within walking distance to local shopping and the picturesque Nottawasaga River, alongside a quick drive to Canadian Forces Base Borden, Alliston, and Barrie. Positioned in a high-demand growth corridor, this property also offers significant future upside with the potential for commercial rezoning.

Sold data

Homes in Essa (Angus) — recent sold market

Homes in Essa (Angus) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 58, across 69 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $739,900.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$739,900
Sale-to-list ratio
96.8%
Sold above asking
4%

Based on 69 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 8867 MCKINNON ROAD