Get $1,900 Cash Back
36 SHEDDEN STREET, Brock (Cannington) — listed at $759,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Discover an exceptional investment opportunity in the charming community of Cannington. This well-maintained four-plex offers the perfect blend of immediate cash flow and future upside potential, featuring four bright and spacious 2-bedroom apartments, all occupied by reliable long-term tenants. Ideally situated on full municipal services and directly across from a beautiful nature trail, this property offers tenants a peaceful setting with the convenience of town living. Valuable features including four separate hydro meters, four water heaters, and four private garden sheds for added tenant convenience. A turnkey investment with all four units fully rented, currently generating $3010.00 per month in rental income. Tenants pay their own utilities, with only one unit including water costs, helping keep operating expenses manageable. With cosmetic updates or renovations, there is excellent potential to significantly increase rental income and maximize returns over time. Whether you're looking to expand your portfolio or secure a solid income-producing property with future growth potential, this four-plex presents an outstanding opportunity in a welcoming small-town setting. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.26 x 3.95 meters |
| Bedroom | Second level | 4.54 x 2.43 meters |
| Bedroom 2 | Second level | 3.47 x 2.74 meters |
| Living room | Second level | 5.79 x 3.77 meters |
| Kitchen | Second level | 2.31 x 2.74 meters |
| Bedroom | Second level | 4.45 x 3.35 meters |
| Bedroom 2 | Second level | 3.65 x 2.83 meters |
| Sunroom | Second level | 4.57 x 2.19 meters |
| Kitchen | Main level | 4.45 x 3.35 meters |
| Bedroom | Main level | 3.65 x 3.35 meters |
| Bedroom 2 | Main level | 3.44 x 2.83 meters |
| Living room | Main level | 4.87 x 3.35 meters |
| Kitchen | Main level | 4.26 x 3.35 meters |
| Bedroom | Main level | 3.65 x 2.13 meters |
| Bedroom 2 | Main level | 3.04 x 2.43 meters |
| Living room | Second level | 4.57 x 3.2 meters |
| Kitchen | Second level | 6.09 x 2.13 meters |
Is 36 SHEDDEN STREET a good fit for a growing family?+
With 8 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 8 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
The listing describes the basement as: Crawl space. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,408.45, heating is baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 10 spaces — No Garage.
Ask About This Property
Nearby Places
Searching nearby places…
Similar listings
For Sale53 days33
For Sale22 days37
For Sale65 days2
For Sale88 days45
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.