$899,900
5.54 BTC
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Map
91 Division Street, Cramahe
$899,900
PRICE
7 + 1
BEDROOMS
5
BATHROOMS
X12084300
MLSID

91 Division Street, Cramahe

FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.
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Summary

Address
91 Division Street
Community
MLSID
X12084300
Property Type
Detached
Property Category
Bedrooms
7 + 1
Bathrooms
5
Kitchens
4
Taxes (Annual)
$3,195.71
Tax Year
2024
Published
April 15, 2025
Days on Market
106 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

3 x Fridge, 3 x Stove, 1 Dishwasher, Curtains In Unit 2, Shed

Exclusions

Appliances In Unit 4 and all tenant belongings Unit 4

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
2-Piece Third Level
Bathroom 4
3-Piece Second Level
Bathroom 5
4-Piece Second Level
Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
2 1/2 Storey
Roof
Metal, Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
78 Feet
Lot Depth
198 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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