2039 County Road 44 Road Edwardsburgh/cardinal, Ontario K0E 1X0
$1,149,000
Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted to a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Units 3, 4 and 5 are 3pce., Units 1, 2, 6 and 7 are 4pce. Plenty of parking and outdoor space for each tenant. (id:50886)
Property Details
| MLS® Number | X10434131 |
| Property Type | Multi-family |
| Community Name | 807 - Edwardsburgh/Cardinal Twp |
| Features | Wooded Area |
| ParkingSpaceTotal | 16 |
Building
| BathroomTotal | 10 |
| BedroomsAboveGround | 9 |
| BedroomsBelowGround | 4 |
| BedroomsTotal | 13 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Refrigerator, Stove |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Slab |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 4999.958 - 99999.6672 Sqft |
| Type | Other |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 322 Ft ,10 In |
| SizeFrontage | 274 Ft ,3 In |
| SizeIrregular | 274.3 X 322.9 Ft |
| SizeTotalText | 274.3 X 322.9 Ft |
| ZoningDescription | Ru-3 |
Interested?
Contact us for more information
Jackie Blakney
Broker
218-1154 Kingston Rd
Pickering, Ontario L1V 3B4
David Hounsome
Broker
218-1154 Kingston Rd
Pickering, Ontario L1V 3B4
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November 29 2024 07:50:28
Kingston & Area Real Estate Association
RE/MAX Hallmark First Group Realty Ltd. , Brokerage