$2,495,000

1182 Linbrook Road

Oakville ON, L6J 2L4

Description

Rare Southeast Oakville redevelopment/Investment Income opportunity. The property has a detached bungalow plus a fourplex unit on a 80x190 foot lot with parking for over 10 cars. This is an excellent income opportunity with a gross annual income of over 80k. Everything is currently tenanted on a month to month basis other than one available unit recently vacated for showing purposes. The property is flat and well treed and in the heart of Morrison walking distance to some of the best schools Oakville has to offer both public and private. A Unique opportunity to earn Income and Land Appreciation or Cash Flow while you work on re-development plans. The Property is 80x190, rectangular shaped , flat and well treed at the boundaries. The lot is 15,134 SF size lot, Build 4,400+ square feet on a street of Estate like Homes. Property is Legal Non-conforming. All units come fully furnished and offer outdoor space for all tenants.

Details

MLS#40024817
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1961
Days On Site57

Features

Bed(s)6
Bath(s) 4 Total
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Area Information
ProvinceON
CountyHalton
CityOakville
Postal CodeL6J 2L4
Area1 - Oakville
Elementary SchoolNew Central, Maple Grove, EJ Jam
Listing VS Median (in L6J 2L4)
Price:
$2,495,000
low | high
Med:
$2,495,000
50% of Average
On Site:
57
low | high
Med:
57
100% of Average
Listing Updated: November 24, 2020 8:00:39 PM PST
Nancy Shea LogoMLS Number: 40024817
Listing Provided By:
Nancy Shea  of  RE MAX Aboutowne Realty Corp. Brokerage
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