$1,780,000Asking Price
254 Centre Street E, Essa, ON L0M 1B2
Angus, Essa
Rarely available Legal 10-Plex apartment building . Four 2 beds / Six 1 beds with spacious well laid out apartments throughout ( see attached floorplans) . The units are separately metered for gas and hydro hence all tenants pay their own separate heat and hydro bills plus rental gas water heaters. Heating via gas fireplaces or gas wall units with some electric baseboard supplemental heat. Fully rented with good tenant portfolio . Excellent income and expenses figures with healthy upside to potential rents . Lots of parking spots for tenants and visitors . Laundry room with coin washer dryers . Quiet side street location on a good sized mature lot with plenty of outside lawn area for tenants . Zoning R 3 Medium Density Believed original front 4 units building added too with addition in 1987 of rear 6 unit building connected by hallways laundry and storage areas. Building just updated Fire code compliant. Solid Investment opportunity to add to your portfolio !
Rarely available Legal 10-Plex apartment building . Four 2 beds / Six 1 beds with spacious well laid out apartments throughout ( see attached floorplans) . The units are separately metered for gas and hydro hence all tenants pay their own separate heat and hydro bills plus rental gas water heaters. Heating via gas fireplaces or gas wall units with some electric baseboard supplemental heat. Fully rented with good tenant portfolio . Excellent income and expenses figures with healthy upside to potential rents . Lots of parking spots for tenants and visitors . Laundry room with coin washer dryers . Quiet side street location on a good sized mature lot with plenty of outside lawn area for tenants . Zoning R 3 Medium Density Believed original front 4 units building added too with addition in 1987 of rear 6 unit building connected by hallways laundry and storage areas. Building just updated Fire code compliant. Solid Investment opportunity to add to your portfolio !
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- Hwy90/5th Line S/Cen
- 3500-5000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,199 in 2024
- Possession: Flexible
Details
- Aluminum Siding Exterior
- No Fireplace
- 10 + 4 Kitchens
- MLS #N12281850
- HOMELIFE INTEGRITY REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 4 4-Piece Bathrooms on Lower | |||
| 4 4-Piece Bathrooms on Main Floor | |||
| 2 4-Piece Bathrooms on Upper | |||
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Who lives here?
Angus, Essa is a north GTA neighbourhood notable for its singles, salespeople, tradespeople and manufacturing workers. It has a higher than average population of French speakers. Residents tend to be older with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 35 to 54.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
38%
of residents are
single and loving it.
38% singles
Essa (38%)Renters
14%
of residents
are renters.
14% renters
Essa (19%)Education
13%
of residents are
university grads.
13% university grads
Essa (17%)Income
Average Household Income
$106K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 16% |
| Trades | 13% |
| Government | 11% |
| Business | 8% |
| Manufacturing | 7% |
Immigrants
8%
of residents were
born outside of Canada.
8% immigrants
Essa (9%)Birthplace - All
1.3% from UK
All-time
Birthplace - Recent
0.1% from Germany
Recent
Foreign Languages
Foreign Languages
| French | 8% |
| Polish | 1% |
| Portuguese | 1% |
| Spanish | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 71% |
