Diamond Manor Apartment

address icon 308 VICTORIA Street Tweed (Tweed (Village)) Ontario

FEATURED For Sale Date icon Apr 18, 2025

Description

Well maintained Investment Property with a Commercial Space and 2 Apartments in downtown Tweed is a must see. The main level commercial space is currently tenant occupied as a Thrift Store with ample storage and a 3 piece bathroom with approximately 670sqft. The upgraded 3bedroom Unit is tenant occupied with approximately 1100sqft on the upper floor features an open concept kitchen with island. Dining area with bright windows, 4 Piece bathroom and in-suite laundry. Rear 1 bedroom apartment is tenant occupied with kitchen, living room and 3 piece bathroom with approximately 480sqft. Roof is approximately 13 years old and all flooring, kitchens, furnace approximately 2019. Total rental income $3800/month. Cap rate for the property is 8.58% AMAZING given the market. 1 Hydro and Gas meter for the building. 3 Parking spaces available. Great high traffic location close to all amenities and only 30 minutes to the HWY 401. 24hrs notice required for all showings for all units. 24hour irrevocable on all offers.

General info

  • MLS Listing ID X12081804

  • Bedrooms 4

  • Bathrooms 3

  • Year built 0

  • Parking No Garage

  • Heating Forced air

  • Fireplace Details Smoke Detectors

  • Basement N/A (Unfinished)

Listed BY: STEPHANIE MCLEOD, SOLID ROCK REALTY

Amenities

  • Carpet Free
  • Carpet Free

Location

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