Multifamily in Spencerville available for sale
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Apartment Building for Sale in Spencerville

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Spencerville Apartment Building for Sale

More details for 32 David St, Spencerville, ON - Multifamily for Sale

32 David St

Spencerville, ON K0E 1X0

  • Multifamily for Sale
  • $1,499,900 CAD
  • 7,000 SF

Spencerville Multifamily for Sale - Northeast Ontario

Attention investors!! Rarely offered purpose-built Fourplex in Spencerville featuring four individually titled 2-bed, 1.5-bath attached bungalows, each with private garage (inside entry), backyard patio, and full unfinished basements with legal egress windows ideal for adding a third bedroom. All units include stainless steel appliances, stackable in-unit laundry, efficient HVAC systems, and water treatment setups. Open-concept layouts with granite counters and quality finishes throughout. Fully tenanted with strong rental income of $107,952/year and a Net Operating Income of $90,240. Turnkey investment or ideal multi-generational living setup with future resale flexibility. Quiet residential setting just minutes to Highway 416.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2025-10-09
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LoopNet Canada Ontario Apartment Buildings For Sale in Spencerville, ON, Canada

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Apartment Buildings for Sale in Spencerville

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How many apartment buildings are available for sale in Spencerville?
There are currently 1 apartment buildings available for sale in Spencerville, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Spencerville?
The average size of apartment buildings available for sale in Spencerville is about 7,000 SF. The largest apartment buildings available to buy is 7,000 SF and the smallest is 7,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Spencerville?
The average market cap rate for apartment buildings for sale is about 6.02% based on data provided in Spencerville. Learn more about how cap rates are calculated.
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