535-545 Russell Road, Cheney

535-545 Russell Road, Cheney

535 Russell Rd, Clarence-Rockland, ON K0A 2A0, Canada

For Sale

$4,600,000

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MLS® Number :

 1349263

Bedrooms

6-1 Bedroom Units, 14-2 Bedroom Units

Bathrooms

20

Garages/Parking

40 Outdoor Parking Spaces

Year Built (Approx)

2015 Approx

Property Type

Commercial, Condominium, Multifamily

Description

Opportunity to own 20 tenant occupied units, built in 2015 and are individually registered as a condos for tax purposes, 20 different pin and roll numbers. Consisting of two well maintained buildings with 10 apartments in each. Lower levels have three 1 bedrooms, and two 1 bedroom apartment, w/ 10 lockers and a utility room. Other two levels have three 2 bedroom apartments. Corner end units are bright with great views. Each unit features a utility closet with natural gas-fired hot water on demand w/ hot water to air furnace and central air-conditioning units. Heating & electricity paid by tenants. Each apartment consists of an entrance, large living room, kitchen, four piece bathroom and applicable number of bedrooms. The two bedrooms units have a dining area. All units feature laminate and ceramic tile flooring throughout. Kitchens and bathrooms w/ solid maple cabinets, and ceramic backsplash. In-unit laundry. 40 outdoor parking spaces and 20 storage lockers.

 

Unit 301 (Upper unit 2 bed 1 bath)

 

Unit 302 (Upper unit 2 bed 1 bath)

 

Unit 203 (Middle unit 2 bed 1 bath)

 

Unit 101 (Lower unit 1 bed 1 bath)

 

Additional Details

  • Possession: Flexible
  • Taxes: $42,675.60/2022

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