Discover an exceptional investment opportunity in the charming community of Cannington. This well-maintained four-plex offers the perfect blend of immediate cash flow and future upside potential, featuring four bright and spacious 2-bedroom apartments, all occupied by reliable long-term tenants. Ideally situated on full municipal services and directly across from a beautiful nature trail, this property offers tenants a peaceful setting with the convenience of town living. Valuable features including four separate hydro meters, four water heaters, and four private garden sheds for added tenant convenience. A turnkey investment with all four units fully rented, currently generating $3010.00 per month in rental income. Tenants pay their own utilities, with only one unit including water costs, helping keep operating expenses manageable. With cosmetic updates or renovations, there is excellent potential to significantly increase rental income and maximize returns over time. Whether you're looking to expand your portfolio or secure a solid income-producing property with future growth potential, this four-plex presents an outstanding opportunity in a welcoming small-town setting.
Address
36 Shedden Street
List Price
$759,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Brock
Sub-Area
Cannington
Region
Durham
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
17
Bathrooms
4
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
115
Lot Size Units
Feet
Lot Width
66
Parcel Number
720150155
Occupant Type
Tenant
Cross Street
Concession Rd 11 / Sideroad 18
MLS® Number
N13726980
Listing Brokerage
REALTY ONE GROUP REVEAL
Basement Area
Crawl Space
Postal Code
L0E 1E0
Posession Details
TBD
Parking Places (Total)
10
Parking Spaces
10
Tax Amount
$4,408.45
Tax Year
2025
Interior Features
Separate Heating Controls
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Unknown
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 3 PL 28 (AKA LAIDLAW'S ADDITIONAL PL) N OF SHEDDEN ST AS IN D522276 TOWNSHIP OF BROCK
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.26 x 3.95 | Laminate |
| Main | Kitchen | 4.45 x 3.35 | Eat-in Kitchen, Laminate |
| Main | Bedroom | 3.65 x 3.35 | Double Closet, Laminate |
| Main | Bedroom 2 | 3.44 x 2.83 | Closet, Laminate |
| Main | Living Room | 4.87 x 3.35 | Laminate |
| Main | Kitchen | 4.26 x 3.35 | Laminate |
| Main | Bedroom | 3.65 x 2.13 | Closet, Laminate |
| Main | Bedroom 2 | 3.04 x 2.43 | Closet, Laminate |
| Second | Living Room | 4.57 x 3.2 | Broadloom |
| Second | Kitchen | 6.09 x 2.13 | Eat-in Kitchen |
| Second | Bedroom | 4.54 x 2.43 | Broadloom |
| Second | Bedroom 2 | 3.47 x 2.74 | Broadloom |
| Second | Living Room | 5.79 x 3.77 | Broadloom |
| Second | Kitchen | 2.31 x 2.74 | |
| Second | Bedroom | 4.45 x 3.35 | Broadloom |
| Second | Bedroom 2 | 3.65 x 2.83 | Broadloom |
| Second | Sunroom | 4.57 x 2.19 |