Opportunity To Purchase A Large Fully Leased & Licensed Retirement Residence In Sw Ontario. With Over 19000 Sqft Of Space & 39 Rooms. High Income Opportunity With Over 9% Cap Rate, Turnkey & Highly Profitable Operation. The Current Owners Have Spent Hundreds Of Thousands On Mechanical Updates That Include: Hvac, Sprinkler System, Updated Rms, Updated Common Areas, Updated Kitchen And Medial Areas, New Exterior Stucco, Windows, New Accessibility Entrance**** EXTRAS **** Door Along With Other Numerous Updates. Building Features: 19000+ Sq Ft, Exterior Parking, Well Maintained & Updated Mechanicals, Sprinkler System, Newer Roof, 400 Amp 600 V (id:2471)
- Property Type: Multi-family
- Lot Size: 113.91 x 179.78 FT ; Irregular Lot 22,647 Sq Ft Or .520 Acres
- Acreage: 113.91 x 179.78 FT ; Irregular Lot 22,647 Sq Ft Or .520 Acres
- Water Type: Municipal water
- Amenities Nearby: Highway
- Structure Style: Multi-Family
- Floor Space: 19600 sqft
- Cooling: Partially air conditioned
Listing Offices: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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