41 HIGH STREET, Georgina (Sutton & Jackson's Point)

$1,200,000

For sale: Multiplex

Multiplex at 41 HIGH STREET, Georgina (Sutton & Jackson's Point)
Property type
Multiplex
Bedrooms / bathrooms
7 bedrooms, 4 bathrooms
Living area
5,000 sqft
MLS®
MLS® N13684606
Neighbourhood
Sutton & Jackson's Point

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 Georgina (Sutton & Jackson's Point) — recent sold market

Homes in Georgina (Sutton & Jackson's Point) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 49, across 200 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $799,000.

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

About 10% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
96.8%
Sold above asking
10%

Based on 200 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 41 HIGH STREET