21,23,25,27 Willmar Formosa ON N0G 1W0

For Sale | Residential Income
$1,600,000.00
14244.12 sq ft
MLS# Formosa
if(Calling all Investors, here is your opportunity to own a brand new 4-plex in the quiet community of Formosa. This tastefully designed building is planned to be completed and ready for you to generate an income as of October 2022. With average rental income of $1800-2200 per month you have an opportunity to invest with a 5-7% Cap Rate. Each unit is finished with 2 Bedrooms, Open Concept Living Space,Quartz Countertops and Bright Kitchen Cabinetry, Attached Garage, Deck and beautiful finishes and will be suitable for both young and older tenants. Conveniently located 30 minutes to Lake Huron, Kincardine, 38 min to Bruce Power and an hour to Owen Sound & Waterloo. Call your Realtor today to learn more about this investment opportunity. *renderings are for visual purposes only, actual building and finishes may differ - each unit will have its own gravel driveway* != null) {

Description

Calling all Investors, here is your opportunity to own a brand new 4-plex in the quiet community of Formosa. This tastefully designed building is planned to be completed and ready for you to generate an income as of October 2022. With average rental income of $1800-2200 per month you have an opportunity to invest with a 5-7% Cap Rate. Each unit is finished with 2 Bedrooms, Open Concept Living Space,Quartz Countertops and Bright Kitchen Cabinetry, Attached Garage, Deck and beautiful finishes and will be suitable for both young and older tenants. Conveniently located 30 minutes to Lake Huron, Kincardine, 38 min to Bruce Power and an hour to Owen Sound & Waterloo. Call your Realtor today to learn more about this investment opportunity. *renderings are for visual purposes only, actual building and finishes may differ - each unit will have its own gravel driveway*

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Building

  • Building Name
  • Construction
  • Cooling
    Wall Unit(s)

Land

  • Zoning
    R2-3

Location

21,23,25,27 Willmar Formosa ON N0G 1W0

Sales Representative

Samantha Mcgill

Brokerage

Realty Executives Platinum Limited (Seaforth) Brokerage

Price Information

  • Sale Price
    $1,600,000.00