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1382 OLGA Drive in Burlington: Multi Residential for sale : MLS®# H4120831

1382 OLGA Drive Burlington L7S 1K9 :

Main Photo: 1382 OLGA Drive in Burlington: Multi Residential for sale : MLS®# H4120831
$3,888,000
Prop. Type:
Multi Residential
MLS® Num:
H4120831
Status:
Active
Year Built:
1958
Outstanding investment opportunity in a very low maintenance and high quality construction building, in a superb location for attracting reliable tenants. This property has been fully upgraded and updated inside and out with the highest of quality in materials and workmanship to enable a virtually maintenance free investment. Beautifully updated kitchens and baths with quartz counters, custom cabinets, all new lighting throughout, new windows and doors, all new electrical and plumbing. Each of these units has bright modern finishes throughout with two generous-sized bedrooms and one bath per unit and all new appliances (2016). Professionally installed commercial electric solar system compliments the fully tenanted income. Industrial central heating and air conditioning with in-unit thermostats and onsite laundry. The east units are mirror images of the west units. All units are similar in size. Onsite parking for all tenants.
Brant St/Olga
Olga/Hager
County Or Parish:
Halton
Neighbourhood Code:
Central
Property Type:
Multi Residential
Current Use:
Residential
Bathrooms:
0.0
Home Style:
2 Storey
# Storeys:
2.0
Total Floor Area:
Switch units of measure3,244 sq. ft.
Year built:
1958 (Age: 63)
Approx. Age:
51-99 Years
Fronting on:
South
Tenant pay for:
Cable TV
Elevator:
No
Heating:
Forced Air
Heating Fuel:
Gas
Air Conditioning Type:
Central Air
Fireplace Fuel:
Electric
Fireplace Stove Operational:
Yes
Fire Protection:
Full Sprinkler System
Foundation:
Concrete Block
Basement Finish:
Fully Finished
Basement Size:
Full
Basement Development:
Walk-Up
Pool Type:
None
Water:
Municipal
Sewer:
Sewer
Water Meter:
1
Survey:
Available
Survey Year:
2014
Site Influences:
Hospital, Level, Park, Public Transit, Schools, Wooded/Treed
Exterior Features:
Brick, Stone
Inclusions:
All electric light fixtures, 6 stoves, 6 fridges, 6 Built-in dishwashers, 2 washing machines, 2 dryers
Exclusions:
Tenants chattels
Elementary School:
Central/ St. John's
School District:
Halton Catholic District School Board, Halton District School Board
Secondary School:
Burlington Central/ Assumption
Taxes:
$7,889 / 2021
Gross Income Sales:
141402.73
Laundry Fee Expense:
0.0
Heating Expense:
1437.35
Water and Sewer Expense:
0.0
Tax amount:
7889.0
Total Units in Complex:
6
# Units:
6
Laundry:
Coin Operated
Garage:
None
Parking Spaces: Driveway:
6
Total Parking Spaces:
6
Driveway Type:
Other (see Remarks)
Lot Frontage:
Switch units of measure100'
Lot Depth:
Switch units of measure100'
Lot Shape:
Square
Data was last updated November 29, 2021 at 01:25 AM (UTC)
Linda Maguire
Brian Maguire