18 Roselawn Boulevard, South River, ON Image 1

$799,900

$1,599,000
50.0% dropped

Last price change Jun 20

Multiplex For Sale
MLS - #X12198359
14 hours ago- By RE/MAX Parry Sound Muskoka Realty Ltd

18 Roselawn Boulevard, South River, ON P0A 1M0

8 Bed
8 Bath
3500-5000 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

Bungalow

Approx. Area

3500-5000 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Foyer1.55 x 2.7 mN/AMain
Bathroom1.55 x 2.7 m3 Pc BathMain
Kitchen2.4 x 2.43 mN/AMain
Dining Room2.37 x 2.34 mN/AMain

About 18 Roselawn Boulevard

Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 8-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $57,882.78. Total lot area is 9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents.

Home Overview

Last updated

14 hours ago

Virtual tour

None

Basement information

Crawl Space

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Crawl Space
Cooling:None
Heating:Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
79990000.0%
Higher than average

Price Comparison

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Walk Score for 18 Roselawn Boulevard

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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