519.374.0095 mdavis@bmts.com


2 Clinton Street N Teeswater, Ontario N0G 2S0

10 Bedroom 7 Bathroom 6500
None Baseboard Heaters


ATTENTION INVESTORS! Excellent opportunity in the Town of Teeswater. Well maintained, commercial-zoned [C1] building with 6 residential apartments and one commercial storefront - all fully rented with good tenant history. Two - one bedroom apartments and 4 - two bedroom apartments, the latter all with in-suite laundry. Updated flooring and bathrooms in most residential units. Apartments range in size from 700 - 1,000 square feet. Previous owner completed most plumbing and some wiring updates and a new membrane roof was installed in 2015. Brown brick building to north was built in 1949 and has a full height, poured concrete basement with lots of room for storage. Yellow brick building on south side has had the same commercial tenant for almost 35 years. Storefront has newer facade. Bonus parking area, provided on nearby lot for residential apartments, has second roll number, which is included as part of this sale. Property shows good return. Tenants pay own heat and hydro. (id:42639)

Property Details

MLS® Number 40288947
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type None
Features Corner Site, Park/reserve
Parking Space Total 7
Rental Equipment Type None


Bathroom Total 7
Bedrooms Total 10
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fixture Ceiling Fans
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 6500
Utility Water Municipal Water


Acreage No
Land Amenities Park, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 52 Ft
Size Frontage 66 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1


Cable Available
Electricity Available
Telephone Available



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