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$1,724,900Asking Price

504 Andrew Street, Shelburne, ON L9V 2Z1

Shelburne, Shelburne

Fourplex
8
Bedrooms
4
Baths
7
Parking
Days on Market

An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. The building has a brick exterior and is sited on a spacious 60 ft. x 150 ft. lot. The building has 4 individual hydro meters and 4 water meters. Each unit features open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2024, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information.

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Tour this home:

An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. The building has a brick exterior and is sited on a spacious 60 ft. x 150 ft. lot. The building has 4 individual hydro meters and 4 water meters. Each unit features open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2024, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information.

Key Info

  • Bungalow Fourplex
  • 4+ Parking
  • No Garage
  • Main Street East & Dufferin Street
  • 1500-2000 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Electric Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,385 in 2024
  • Possession: 30 days TBA

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #X12061421
  • ROYAL LEPAGE RCR REALTY

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms on Upper
Washroom2 4-Piece Bathrooms on Lower

Who lives here?

Shelburne, Shelburne is a west GTA neighbourhood.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

Shelburne  (1.3)

Singles

42% of residents are
single and loving it.

42% singles

Shelburne (42%)

Renters

23% of residents
are renters.

23% renters

Shelburne (23%)

Education

14% of residents are
university grads.

14% university grads

Shelburne (14%)

Income

Average Household Income

$99K

is the average household
income in the neighbourhood.

Shelburne  ($99K)

Professions

Professions

Sales 15%
Trades 14%
Business 10%
Manufacturing 8%
Government 8%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

Shelburne (12%)

Birthplace - All

Caribbean was once home to 2.0% of immigrants.
Jamaica 1.9%
UK 1.9%
India 1.8%
Nigeria 0.8%

2.0% from Caribbean
All-time

Birthplace - Recent

India was once home to 1.2% of immigrants.
Jamaica 0.4%
Pakistan 0.3%
Other South America 0.2%
Sri Lanka 0.2%

1.2% from India
Recent

Foreign Languages

Foreign Languages

Punjabi 2%
French 1%
Portuguese 1%
German 1%
Spanish 1%

Religions

Religions

Christian 59%