$1,200,000
For sale: Multiplex

Excellent Investment Opportunity! Rare Opportunity To Acquire A Well-Maintained Four-Unit Multiplex Generating A 6%+ Cap Rate With Quality Tenants In Place. This Well-Maintained Income Property Offers Numerous Upgrades, Separate Hydro Meters For Each Unit, Coin-Operated Laundry For Additional Revenue, Security Cameras And Extensive Outdoor Decking. Ideally Located In Sutton's Growing Lakeside Community, Just Minutes From Shops, Schools, Parks, Grocery Stores, Highway 404, Lake Simcoe And Area Beaches. An Excellent Addition To Any Real Estate Portfolio With Strong Income Potential In A Desirable And Growing Neighbourhood!
Sold data
Homes in Sutton Jackson S Point took a median of 54 days to sell over the last 90 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 77, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.
The median sale price was $821,444.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
Based on 36 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

$1,199,000
Multiplex8867 MCKINNON ROAD, Angus, Essa

$1,179,000
Multiplex22 OLIVE CRESCENT, Orillia, Orillia

$1,215,000
Multiplex177 VARSITY ROAD, Lambton Baby Point, Toronto

$734,999
Multiplex1-4 - 58 PENETANG STREET, Codrington, Barrie

$1,299,000
Multiplex269 MAIN STREET N, Old Markham Village, Markham

$1,200,000
Detached32 REYNOLDS LANE, Edgehill Drive, Barrie

$1,250,000
Detached137 MERKLEY SQUARE, Morningside, Toronto

$1,199,900
Detached39 HIGHFIELD CRESCENT, Historic Lakeshore Communities, Georgina