Royal LePage Maximum Realty Brokerage

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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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5301 Nauvoo Road, Warwick, ON N0M 2S0

Property For Sale | X11912047Sale

Listing ID: X11912047
$499,000
Listing ID #X11912047
Property Description

New low asking price of $499, 00.00 for a quick sale by a motivated seller. A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 8%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged. **EXTRAS** Plenty of parking at the rear or on the street and across the street in the public lot. In an effort not to disturb the tenants, please view the interior pictures provided, taken after renovations, with this listing.

Basic Details
Listing ID : X11912047
Listing Type : Sale
Price : $499,000
Status : Active
Property Sub Type : Store W Apt/Office
Map
Address Map
5301
Nauvoo
US
ON
Lambton
Warwick
N0M 2S0
Road
C1 1
Property Area
Watford
Features
: Yes
: Sanitary
: Yes
Additional Information
2800
: Major Highway, Recreation/Community Centre
560000
Financial
928.0
Listing Information
SHANAHAN REALTY INC.
Extension
2026-06-29T12:35:39Z
TRREB

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