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$1,150,000Asking Price

61 Main St S

Uxbridge, Uxbridge

Fourplex
4 + 3
Bedrooms
4
Baths
8
Parking
Days on Market

Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity, this 4plex has been a multiplex for decades. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three recently renovated units and one 2-bedroom unit in very good shape, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Interior Pictures are of Unit 1, 3 and 4. Financials are available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments.

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Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity, this 4plex has been a multiplex for decades. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three recently renovated units and one 2-bedroom unit in very good shape, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Interior Pictures are of Unit 1, 3 and 4. Financials are available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments.

Key Info

  • Bungalow Fourplex
  • 4+ Parking
  • Detached Garage
  • Main St S & Brock St W
  • Baseboard Electric Heating
  • No A/C

Property

  • Taxes were $4,944 in 2024
  • Possession: January, 2025

Details

  • Vinyl Siding Exterior
  • No Fireplace
  • 2 + 2 Kitchens
  •  
  • MLS #N9395347
  • SUTTON GROUP-HERITAGE REALTY INC.

Extras

  • Building Roof 2024, Garage Roof 2019. Two New (2024) Hot Water Tanks Owned
Room Floor Dimensions Details
1 Living Room Main 17.29' x 14.67' Hardwood Floor
2 Kitchen Main 11.09' x 10.99' Ceramic Floor
3 Primary Bedroom Main 11.35' x 9.09' Hardwood Floor
4 2nd Bedroom Main 10.83' x 8.86' Hardwood Floor
5 Living Room Main 14.40' x 10.40' Vinyl Floor
6 Kitchen Main 14.04' x 10.17' Vinyl Floor
7 3rd Bedroom Main 10.83' x 9.12' Vinyl Floor
8 4th Bedroom Main 11.38' x 8.69' Vinyl Floor
9 Living Room Lower 13.91' x 12.40' Laminate
10 Kitchen Lower 12.63' x 10.27' Ceramic Floor
11 5th Bedroom Lower 12.11' x 10.01' Vinyl Floor
12 Bedroom Lower 9.35' x 8.89' Laminate
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Lower
Washroom1 4-Piece Bathroom on Lower

Who lives here?

Uxbridge, Uxbridge is an east GTA neighbourhood notable for its singles, renters, university grads, education, law & public sector professionals and salespeople. Residents tend to be younger with a significant number of kids aged 5 to 14, youth aged 15 to 19 and adults aged 40 to 49.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Uxbridge  (1.1)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

41% of residents are
single and loving it.

41% singles

Uxbridge (38%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

19% of residents
are renters.

19% renters

Uxbridge (14%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

33% of residents are
university grads.

33% university grads

Uxbridge (31%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$135K

is the average household
income in the neighbourhood.

Uxbridge  ($146K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Management 10%
Business 10%
Government 9%
Trades 9%

Immigrants

11% of residents were
born outside of Canada.

11% immigrants

Uxbridge (13%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.5% of immigrants.
Caribbean 0.9%
Germany 0.6%
USA 0.6%
India 0.5%

3.5% from UK
All-time

Birthplace - Recent

India was once home to 0.3% of immigrants.
USA 0.3%
Philippines 0.2%
Mexico 0.2%
UK 0.1%

0.3% from India
Recent

Foreign Languages

Foreign Languages

German 1%
French 1%
Italian 1%

Religions

Religions

Christian 62%