Get $2,998 Cash Back
378 MARA ROAD, Brock (Beaverton) — listed at $1,199,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention Investors!!! Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with 78+ CAP Rate! This Century Home Investment Offers loads of Character. Five 2-Bedroom Apartments with Legal NCStatus. Over $9,200/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 10 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More! Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset! (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,982, heating is hot water radiator heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 378 MARA ROAD best suited for?+
With null bedrooms and 6 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What makes this a luxury property?+
At $1,199,000, standout features include 0 sq ft, 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
How is the home heated? Is it efficient?+
Heating is hot water radiator heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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