$1,149,000
2039 COUNTY RD 44 RD Edwardsburgh/cardinal, ON K0E 1X0
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$1,149,000
Est. payment /mo
6,991 SqFt
Pending
2039 COUNTY RD 44 RD Edwardsburgh/cardinal, ON K0E 1X0
UPDATED:
11/04/2024 04:51 PM
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
Basement None
Kitchen 0
Ensuite Laundry Shared
Interior
Interior Features Separate Heating Controls
Laundry Location Shared
Cooling Central Air
Fireplace No
Heat Source Propane
Exterior
Exterior Feature Privacy
Garage Spaces 15.0
Pool None
Utilities Available Unknown
Waterfront No
Roof Type Metal
Parking Type Detached
Total Parking Spaces 16
Building
Foundation Slab
New Construction false
Others
Security Features Unknown
Listed by Re/Max Hallmark First Group Realty Ltd. Brokerage
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