2039 COUNTY RD 44 RD Pending

Edwardsburgh/cardinal,ON K0E 1X0

$ 1149000

- Bed

- Bath

6991 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 6,991 sqft

Price per Sqft $164

MLS Listing ID X9412189

Annual Tax Amount $5,100

Tax Year 2024

Lot Size 0.500 Acres

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 t 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. Plenty of parking and outdoor space for each tenant.

Location

Province ON

County Leeds & Grenville

Area 807 - Edwardsburgh/Cardinal Twp

Rooms

Kitchen 0

Ensuite Laundry Shared

Interior

Laundry Location Shared

Cooling Central Air

Exterior

Exterior Feature Privacy

Garage Spaces 15.0

Pool None

Utilities Available Unknown

Waterfront No

Roof Type Metal

Building

Foundation Slab

New Construction false

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