11 PRIVATE ROAD
Central Lakes · K0K2M0
$995,000
About this residence
Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exception opportunity! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Living area
- 7,554 sq ft
- Annual tax
- $7,108
- MLS®
- X12615536
- Board
- Central Lakes
- Status
- Inactive
- Listed
- Dec 10, 2025
- Updated
- Dec 11, 2025
Features & finishes
Heating
- Hot water radiator heat
- Natural gas
Lot
- Irregular lot size
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$4,653/mo
Loan amount
$796,000
Down payment
$199,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K0K- 115,850
- Population
- 51
- Median age
- $83,000
- Median income
- $500,000
- Median home value
- 86%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 11 PRIVATE ROAD?
11 PRIVATE ROAD is listed for $995,000, in Central Lakes.
What type of home is 11 PRIVATE ROAD?
11 PRIVATE ROAD is a Multi-family, Multi-Family.
How large is 11 PRIVATE ROAD?
The home offers approximately 7,554 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,653. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $7,108 per year.
What is the Central Lakes area like?
Central Lakes has a population of about 115,850, a median age of 51, a 86% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $83,000.
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Private viewings
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