2039 County Road 44 RD Pending

Edwardsburgh/cardinal,ON K0E 1X0

$ 1149000

9 Beds

10 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X10434131

Style 2-Storey

Bedrooms 9

Annual Tax Amount $5,100

Tax Year 2024

Property Description

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.

Location

Province ON

County Leeds & Grenville

Community 807 - Edwardsburgh/Cardinal Twp

Area Leeds & Grenville

Region 807 - Edwardsburgh/Cardinal Twp

City Region 807 - Edwardsburgh/Cardinal Twp

Rooms

Family Room No

Basement None

Kitchen 7

Separate Den/Office 4

Interior

Interior Features Separate Hydro Meter,Separate Heating Controls,Storage

Cooling Central Air

Fireplace No

Heat Source Other

Exterior

Parking Features Available

Garage Spaces 15.0

Pool None

Roof Type Metal

Total Parking Spaces 16

Building

Unit Features Wooded/Treed

Foundation Slab

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