$819,000
6342 6 Highway
Beds
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Baths
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Sqft
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Year
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Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lavington. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Excellent investment opportunity!! Over $5750 / month revenue from 5 different rental units. Don't miss out on your chance to own one of six C1 zoned lots in Lavington. With Lumby booming and businesses flourishing in the area it will be easy to maximize your potential out of this investment. Great opportunity to live and work on site. Bluenose Mountain Deli Restaurant tenant paying $1500 / month and would love to stay long term. Also there are 3 X 1 bed / 1 bath nicely updated apartments around the back. These units have updated counters, flooring, some cabinetry, and have been well cared for. Plus there is a detached shop that used to have a garage door and is still framed for one. This could be rented out as storage, mechanic shop, woodworking shop, manufacturing, etc. 200 amp service that feeds the apartments is pulled to shop and 100 amp panel in shop. Each apartment has their own panel as well. Separate 200 amp service to the restaurant and tenant pays this bill. Seller spent $70,000 on a new septic system in 2020. Furnace new in 2020. A/C unit for the restaurant 2021. Torch on roof is 15 years old. (id:65958)
- Subtype
- Other
- Structure
- Residential Commercial Mix
- Community
- Lavington
- Common interest
- Freehold
- Living area
- 3,620 square feet
- Lot size
- 0.34 acres
- Lot dimensions
- 0.34
- Parking
- 4 total
- On market
- Jul 18, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $2,622.85
- Photos
- 60
- MLS#
- 10356244
- Area
- LAVINGTON
Features and systems
Parking
Heating
Exterior
Roof
Cash on cash
-6.62%
Cap rate
3.54%
GRM
16.6
Break-even rent
$5,052
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.