23 Moffat Street Morewood, Ontario K0A 2R0

Forced Air, Other


This converted school is a great investment opportunity. Money and time has been spent on this property to get the building and apartment in tip top shape. 2018 NOI indicates the last major expenditures which need to be spent. The property currently consists of 12 units (10 X 1 bedroom and 2 bachelors) and there is further expansion potential in the former gym area. This apartment has been retrofitted with updated septic, well water supply and treatment, an alarm system, a new heating system, and a recent roof. There are 2 laundry locations, one on each floor and each unit has been fitted with wider doors to accommodate universal accessibility. 10 of the apartments have electric fireplaces. (id:21045)

Property Details

MLS® Number 1138808
Property Type Multi-family
Neigbourhood Morewood


Constructed Date 1936
Exterior Finish Brick
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas, Electric
Heating Type Forced Air, Other
Stories Total 2
Utility Water Drilled Well


Acreage No
Sewer Septic System
Size Irregular * Ft X * Ft
Size Total Text * Ft X * Ft
Zoning Description R2-1(with Exception)



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