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SOLD
W5085560
$2,350,000

1182 Linbrook Road (Linbrook Road/ Morrison Road)

Price: $2,350,000

Status: Sold 

MLS®#: W5085560

$2,350,000
  • Tax: $10,316 (2020)
  • Community:Morrison
  • City:Oakville
  • Type:Residential
  • Style:Multiplex (2-Storey)
  • Beds:6
  • Bath:5
  • Garage:Outside/Surface (10 Spaces)

Features:

  • InteriorHardwood Floors
  • ExteriorOther, Stucco/Plaster
  • RoofAsphalt Shingles
  • AppliancesGarbage Disposal, Stove, Dryer, Refrigerator
  • CoolingCentral Air
  • HeatingGas Forced Air Open
  • Sewer/Water SystemsPublic
  • AmenitiesVisitor Parking
  • Lot FeaturesLevel
  • Extra FeaturesSchool
Description

Rare Southeast Oakville redevelopment/Investment Income opportunity. The property has a detached bungalow plus a fourplex unit on a 80x190 foot lot with parking for over 10 cars. This is an excellent income opportunity with a gross annual income of over 80k. Everything is currently tenanted on a month to month basis other than one available unit recently vacated for showing purposes. The property is flat and well treed and in the heart of Morrison walking distance to some of the best schools Oakville has to offer both public and private. A Unique opportunity to earn Income and Land Appreciation or Cash Flow while you work on re-development plans. The Property is 80x190, rectangular shaped , flat and well treed at the boundaries. The lot is 15,134 SF size lot, Build 4,400+ square feet on a street of Estate like Homes. Property is Legal Non-conforming. All units come fully furnished and offer outdoor space for all tenants.


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Nancy Shea

Team Leader, Sales Representative

RE/MAX Aboutowne Realty Corp., Brokerage

Web4Realty

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