270 George Street Active Save Request In-Person Tour Request Virtual Tour
Arthur,ON N0G 1A0
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,795 sqft
Price per Sqft $342
MLS Listing ID 40662331
Annual Tax Amount $8,400
Property Description
Live and Work Opportunity! Unique 5-unit property with a commercial unit, 4 residential units, and an
attached garage. Rebuilt from foundation in 2022. Two-bedroom unit with open concept and large balcony, 1-
bedroom units, and a bachelor unit. All units occupied by the seller and family, available vacant. Rare 8% cap
rate, cashflow of $1500/month. No rent control as units built after 2018. Incredible return on investment in
growing Arthur market. Financials available. Although there are no separate meters, there are separate
electrical panels so creating seperate hydro meters can be done by the buyer. Financials in supplements and
can be provided. All units vacant/owner occupied and vacant possession will be at closing. Seller financing
may be available. Zoned C1 Section 16 https://www.wellington-north.com/sites/default/files/2023-
05/WN%20ZBL%2066-01%20CONSOLIDATION%20March%202023.pdf Seller financing may be available up
to 100k! See financials. https://drive.google.com/drive/folders/15XpTqZ9MNCAz9fZ1OkUG3gNe-5wfcm4x?
usp=drive_link
Location
Province ON
County Wellington
Area Wellington North
Zoning C1
Rooms
Kitchen 0
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Laundry In-Suite
Exterior
Garage Detached Garage
Garage Spaces 1.0
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Irregular Lot,Ample Parking,City Lot,High Traffic Area,Highway Access,Library,Open Spaces,Park,Public Parking,Public Transit,Rec./Community Centre,School Bus Route,Shopping Nearby
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Stucco
New Construction No