2039 County Rd. 44, Edwardsburgh/Cardinal, Ontario K0E 1X0
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Highlights
Estimated ValueNot available
Price/Sqft$115/sqft
Est. Mortgage$4,934/mo
Tax Amount (2024)$5,100/yr
Days On Market68 days
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.
Property Details
Interior
Features
Ground Floor
3rd Br
0.00 x 0.003 Pc Bath
2nd Br
0.00 x 0.003 Pc Bath
2nd Br
0.00 x 0.003 Pc Bath / 3 Pc Bath
2nd Br
0.00 x 0.003 Pc Bath / 3 Pc Bath
Exterior
Features
Parking
Garage spaces 1
Garage type Detached
Other parking spaces 14
Total parking spaces 15