$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 Chaffey took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 64, across 66 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $609,450.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 66 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.
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

$2,490,000
Other492 OLD FERGUSON ROAD, Huntsville, Huntsville

$2,195,000
Other1021 MARINA ROAD, Franklin, Lake of Bays

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

$3,200,000
Other1354 METRO ROAD, Historic Lakeshore Communities, Georgina

$2,599,900
Other2035 EAGLE LAKE ROAD, Machar, Machar

$2,599,900
Other2035 EAGLE LAKE ROAD, Machar, Machar

$2,599,900
Vacant Land2035 EAGLE LAKE ROAD, Machar, Machar