$1,550,000Asking Price
Prime Investment Opportunity in the Heart of Sutton! Discover this rare multi-unit income property located right in the center of Sutton, offering unmatched convenience and long-term growth potential. This solid 6-plex features four spacious 2-bedroom units and two well-appointed 1-bedroom units, all designed with tenant comfort and functionality in mind. Highlights include: Ample Parking for all tenants, Separate Hydro Meters tenants pay their own utilities, Excellent Location walk to shops, restaurants, schools, and transit, Strong Income Generator currently producing nearly $70,000 in annual net profit with existing rents, Upside Potential opportunity for future rent increases and even stronger returns. With limited multi-residential opportunities available in Sutton, this is your chance to secure a turnkey investment property in a growing community. Whether youre looking to expand your portfolio or step into the rental market with confidence, this property checks all the boxes.
Prime Investment Opportunity in the Heart of Sutton! Discover this rare multi-unit income property located right in the center of Sutton, offering unmatched convenience and long-term growth potential. This solid 6-plex features four spacious 2-bedroom units and two well-appointed 1-bedroom units, all designed with tenant comfort and functionality in mind. Highlights include: Ample Parking for all tenants, Separate Hydro Meters tenants pay their own utilities, Excellent Location walk to shops, restaurants, schools, and transit, Strong Income Generator currently producing nearly $70,000 in annual net profit with existing rents, Upside Potential opportunity for future rent increases and even stronger returns. With limited multi-residential opportunities available in Sutton, this is your chance to secure a turnkey investment property in a growing community. Whether youre looking to expand your portfolio or step into the rental market with confidence, this property checks all the boxes.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
6 4-Piece Bathrooms on Main Floor |
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Sutton & Jackson's Point, Georgina is a north GTA neighbourhood notable for its singles, renters and business professionals. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 60 to 64 and seniors aged 65 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
44%
of residents are
single and loving it.
44% singles
Georgina (42%)
19%
of residents
are renters.
19% renters
Georgina (16%)
15%
of residents are
university grads.
15% university grads
Georgina (16%)Average Household Income
$96K
is the average household
income in the neighbourhood.
Professions
Trades | 13% |
Sales | 12% |
Business | 10% |
Government | 7% |
Management | 7% |
15%
of residents were
born outside of Canada.
15% immigrants
Georgina (14%)2.3% from UK
All-time
0.5% from China
Recent
Foreign Languages
Russian | 2% |
French | 1% |
German | 1% |
Italian | 1% |
Portuguese | 1% |
Religions
Christian | 66% |
Hindu | 2% |
Jewish | 1% |