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Royal LePage
Royal LePage
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$1,800,000

364 ELEVENTH AVENUE, Cochrane, Ontario, P0L 1C0

MLS® # T12993032

Cochrane ON, P0L 1C0

MLS® # T12993032

Property Information:

This well-maintained nine-plex in Cochrane presents an exceptional opportunity for both seasoned and first-time investors. Offering strong, consistent income, the property features nine fully rented units in a market where multi-family demand and property values continue to rise. The building includes six spacious units at 860 square feet, two units at 780 square feet, and one efficient 370 square foot hotel-style unit-providing a diverse unit mix that appeals to a range of tenants. Ideally situated in a central location, residents enjoy convenient access to local amenities, schools, and community services. With stable cash flow and excellent tenancy potential, this property is a turnkey investment in a growing and desirable area. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Architectural Style: Bungalow
  • Basement Type: None
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type:
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Storage Shed

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 17
  • Bathrooms: 9
  • Features: Carpet Free
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 132 Feet
  • Lot Frontage: 132 Feet
  • Lot Size: 132 x 132 FT
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
  • Zoning: R
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 17

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 364 ELEVENTH AVENUE, Cochrane, Ontario, P0L 1C0

Demographic Information of 364 ELEVENTH AVENUE, Cochrane, Ontario, P0L 1C0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,923.89

Average Number of Children

1.94

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.66 %

High school certificate or equivalent

33.75 %

Apprenticeship trade certificate/diploma

6.42 %

College/non-university certificate

20.19 %

University Degree

11.97 %

Commuter

Travel To Work

By Car

77.43 %

By Public Transit

5.64 %

By Walking

7.31 %

By Bicycle

4.54 %

By Other Methods

5.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.83 %

Houses

82.17 %

Own Vs. Rent

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