9524 Springwater Rd

$1,225,000
$1,225,000

9524 Springwater Rd

Orwell, Malahide, Elgin $1,225,000 Make an offer
9 Beds
7 Baths
Parking for 15
E Facing
MLS®#:
X9301589
Property Type:
Multiplex
Property Style:
2-Storey
Area:
Elgin
Community:
Orwell
Taxes:
$4,220.12 / 2024
Added:
September 05 2024
Lot Frontage:
125.42
Lot Depth:
203.86
Status:
Active
Outside:
Brick
Year Built:
Basement:
None
Brokerage:
THE AGENCY
Lot (Feet):

203

125

BIG LOT

Intersection:
North on Springwater Rd from Talbot Line
Rooms:
19
Bedrooms:
9
Bathrooms:
7
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Gas

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment.

Sale/Lease History of 9524 Springwater Rd

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Neighbourhood

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Orwell home prices

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Insights for 9524 Springwater Rd

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)