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Ontario
Pickering
1692 CENTRAL STREET

$1,299,999

Pickering ON, L1Y 1B2

MLS® # E12429642

Property Information:

Prime Turnkey Investment Fully Leased 6-Unit Mixed-Use Property. Exceptional opportunity to own a fully renovated, legal 6-unit property in the heart of Claremont (North Pickering). This rare offering includes two updated buildings featuring 4 residential units and 2 office/retail spaces, all leased to high-quality AAA tenants who cover their own utilities and actively maintain the premises.Total 7392 sq ft Renovated top to bottom.Located just minutes from Highways 7 and 407, offering seamless connectivity and long-term growth potential.Net Operating Income:$ $75,606.68!!! with 1 vacant unit. Potential for more.Roofs age 2018-19, New Sidings in 2018-19, New Windows in 2019, New Furnaces & A/C in 2019, Asphalt For Both Parking Lots(9 Legal Parking Spots) (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 7392 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 6
Floor Space (approx): 7392 Square Feet
Irregular: Yes
Lot Depth: 112.0 Feet
Lot Frontage: 66.0 Feet
Lot Size: Bldg=66 x 112 FT
Zoning: Mixed Use / Multiplex / C2
Sewer: Septic System
No. of Parking Spaces: 9

Courtesy of: KELLER WILLIAMS ENERGY REAL ESTATE

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Market Price Trends

Location of 1692 CENTRAL STREET, Pickering, Ontario, L1Y 1B2

Lifestyle
Neighbourhood

Demographic Information of 1692 CENTRAL STREET, Pickering, Ontario, L1Y 1B2

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$221,492.77

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.06 %

High school certificate or equivalent

28.97 %

Apprenticeship trade certificate/diploma

5.42 %

College/non-university certificate

21.71 %

University certificate (below bachelor)

1.86 %

University Degree

31.98 %

Commuter

Travel To Work

By Car

95.88 %

By Public Transit

2.58 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.07 %

Houses

93.93 %

Own Vs. Rent