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1382 OLGA Drive in Burlington: Commercial for sale : MLS®# H4121641

1382 OLGA Drive Burlington L7S 1K9 :

Main Photo: 1382 OLGA Drive in Burlington: Commercial for sale : MLS®# H4121641
$3,888,000
Prop. Type:
Commercial
MLS® Num:
H4121641
Status:
Active
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 inunit 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:
Commercial
Current Use:
Apts-6 To 12 Units
Bathrooms:
0.0
Washrooms:
6
Total Floor Area:
Switch units of measure6 sq. ft.
Office/Apt Area:
Switch units of measure3,244 sq. ft.
Office/Apt Area Code:
Square Footage
Total Area Code:
Square Footage
Approx. Age:
51-99 Years
Freestanding:
Yes
Physically Handicapped-Equipped:
No
Heating:
Gas Forced Air Open
Air Conditioning:
Yes
Fire Protection:
Full Sprinkler System
Water:
Municipal
Sewer:
Storm
Utilities:
Yes
Survey:
Yes
Survey Year:
2014
Inclusions:
All Electric Light Fixtures, 6 Stoves, 6 Fridges, 6 Build-in Dishwashers, 2 Washer Machines, 2 Dryers.
Exclusions:
Tenant's Chattels.
Chattels:
No
Taxes:
$7,889 / 2021
Gross Income Sales:
141402.73
Heating Expense:
1437.35
Water and Sewer Expense:
0.0
Tax Expenses:
7696.89
Type Taxes:
Annual
Tax amount:
7889.0
Total Units in Complex:
6
Garage:
Outside/Surface
Total Parking Spaces:
6
Lot Frontage:
Switch units of measure100'
Lot Depth:
Switch units of measure100'
Lot Shape:
Square
Zoning:
RM 2
Data was last updated November 29, 2021 at 01:25 AM (UTC)
Linda Maguire
Brian Maguire