ON > Durham > Uxbridge
Durham, ON L9P 1J4,61 Main ST S
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Durham, ON L9P 1J4,61 Main ST S
Durham, ON L9P 1J4,61 Main ST S
Durham, ON L9P 1J4,61 Main ST S
Durham, ON L9P 1J4,61 Main ST S
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The Nunno Group

The Nunno Group

+1(416) 690-2121
$ 1,049,900
Est. payment /mo
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Active

61 Main ST S Durham, ON L9P 1J4

7 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Uxbridge

MLS Listing ID N12327088

Style Bungalow-Raised

Bedrooms 7

Annual Tax Amount $5,236

Tax Year 2024

Property Sub-Type Fourplex

Lot Depth 110.43

Lot Front 54.56

Property Description

Investment Opportunity in Uxbridge: Fully Renovated Fourplex in Prime Location. Located in the heart of historic Uxbridge, this beautifully renovated fourplex offers a rare turn-key investment opportunity with strong income potential. The property features four fully self-contained units, three spacious 2-bedroom suites and one well-appointed 1-bedroom unit, each with its own private entrance, full 4-piece bathroom, kitchen, and living area. All units are separately metered for hydro, adding convenience for both landlord and tenants. Recent renovations throughout the building ensure modern comfort while preserving the charm and character of the original structure. A detached garage provides additional rental income, and the property includes seven dedicated parking spaces for tenants' convenience. With low maintenance costs and minimal upkeep required, this property is both an efficient and attractive long-term hold. Currently generating a solid net income with a cap rate of 5.88%and the potential for even greater returns through expense optimization and rent increases on the under-market unit, this property presents a strong cash flow opportunity. Appliances include 4 fridges, 4 stoves, and 2 owned hot water tanks. Just steps from local shops, schools, and Elgin Park, the location is ideal for tenants and offers consistent rental demand. Financial statements are available upon request. This is a must-see for both experienced investors and newcomers seeking a stable, income-generating asset in one of Durham Region's most desirable towns. Great Investment! 5.88% Cap, potential to increase Net Income two ways. Financials Available Upon Request. If owner does their own snow removal net income will increase and cap rate would be 6.61%. Call or email for financials.

Location

Province ON

County Durham

Community Uxbridge

Area Durham

Rooms

Family Room No

Basement Finished with Walk-Out, Apartment

Kitchen 4

Separate Den/Office 3

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Unknown

Lot Frontage 54.56

Lot Depth 110.43

Total Parking Spaces 8

Building

Unit Features Hospital,Park,Place Of Worship,Public Transit,School

Foundation Unknown

Others

ParcelsYN No

Listed by SUTTON GROUP-HERITAGE REALTY INC.
The Nunno Group

The Nunno Group

Broker | License ID: 4555-00

+1(416) 690-2121

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