$3,200,000
For sale: Multiplex

Great opportunity for Investment. 2 - 6 Plex Apartment Buildings on lot in quiet residential area of south Huntsville. All units are large 2 Bedroom units. Electric Heat. Tenants pay their electricity. Gross Income $241,400. Net income $179,000 using CMHC mortgage expense standards.
Sold data
Homes in Huntsville (Chaffey) took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 63, across 117 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $645,000.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 117 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Huntsville (Chaffey) has 5 Fraser Institute–rated schools (5 elementary), averaging 5.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$2,899,900
Multiplex221 ALGONQUIN AVENUE, Central, North Bay

$3,990,000
Other134 HIGHWAY 60, Chaffey, Huntsville

$3,800,000
Other435 BETHUNE DRIVE N, Muskoka (S), Gravenhurst)

$2,700,000
Vacant Land1728 COUNTY 121 ROAD, Fenelon Falls, Kawartha Lakes

$3,200,000
Other7107 HIGHWAY 35 ROAD, Bexley, Kawartha Lakes

$1,885,000
Detached1143 RIGNALLS ROAD E, Oakley, Bracebridge

$1,760,000
Other6 - 162 HOWLAND DRIVE, Chaffey, Huntsville

$3,500,000
Vacant Land263 THE QUEENSWAY SOUTH S, Keswick South, Georgina