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68 days on Market

2039 County Rd. 44, Edwardsburgh/Cardinal, Ontario K0E 1X0

$1,149,000
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Townhouse
9 + 4
10
~5000+ sqft

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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

Style2-Storey
View-
Age of property51-99
SqFt~5000+ SqFt
Lot Size88,552 SqFt(322.89 x 274.25)
Parking Spaces15
MLS ®NumberX9308740
Community NameOntario
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air

Ground Floor

3rd Br

0.00 x 0.00

3 Pc Bath

2nd Br

0.00 x 0.00

3 Pc Bath

2nd Br

0.00 x 0.00

3 Pc Bath / 3 Pc Bath

2nd Br

0.00 x 0.00

3 Pc Bath / 3 Pc Bath


Features

Lot size: 88,552 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 14

Total parking spaces 15


Property History

Now
ListedFor Salefor$1,149,000Active
68 days on market
Listing by trreb®
history photo preview33
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Property listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD., Brokerage
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