A pic from exterior of the house or condo, the front or back of building for 52 Queen St, Langton Ontario N0E 1G0
2 years on Market

52 Queen St, Langton, Ontario N0E 1G0

Townhouse
-
14
~12000 sqft
$2,100,000
Get pre-qualifiedPowered by Neo Mortgage
Townhouse
-
14
~12000 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$175/sqft

Est. Mortgage$9,019/mo

Tax Amount (2024)$17,995/yr

Days On Market2 years


Description

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow.


Property Details

StyleResidential Income
ViewDowntown
Age of property-
SqFt~12000 SqFt
Lot Size15,410 Ac(115 x 134)
Parking Spaces15
MLS ®Number40282051
Community NameNorfolk County
Data SourceITSO
Listing byColdwell Banker G.R. Paret Realty Limited Brokerage

Features

Heating: Baseboard, Electric
Cooling: Window Unit(s)
Basement: Partial, Unfinished

Features

Lot size: 15,410 Ac
Septic Tank

Parking

Garage spaces -

Garage type -

Total parking spaces 15


Property History

Jun 21, 2022
ListedActive
$2,100,000
2 years on market
history photo preview40
Listing by itso®
Property listed by Coldwell Banker G.R. Paret Realty Limited Brokerage, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Norfolk County

Geo Zone Map ThumbnailNorfolk County

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

77 days

2023

28 days

2022

8 days

New Listings

Past 30 days

11 listings

Compared to

2024

24 listings

2023

14 listings

2022

13 listings

Units sold

Past 30 days

3 units

Compared to

2024

12 units

2023

7 units

2022

2 units

Median Sold Price

Past 30 days

$583,000

Compared to

2024

$570,000

2023

$550,000

2022

$751,250


Schools and amenities

Estimated Budget