A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 384 Limoges Rd, The Nation Ontario K0A 2M0
12 days on Market

384 Limoges Rd, The Nation, Ontario K0A 2M0

Townhouse
5 + 4
4
~2500-3000 sqft
$949,900
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Townhouse
5 + 4
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market12 days

Estimated valueNot available

Price/Sqft$348/sqft

Monthly cost

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Description

Investor alert: Cashflow-Positive 4-Plex with Garage on Oversized Lot in Rapidly Growing Limoges! This income-generating 4-plex sits on an impressive 130 ft x 336 ft lot, offering both immediate returns and long-term potential. Located in the thriving community of Limoges, this property is a rare find with RV3-5 zoning, allowing for a wider range of uses than typical residential zoning in the area.The building includes four self-contained units, each with its own laundry a major bonus for tenants. The main level hosts a spacious 3-bedroom unit with a private deck, alongside a 2-bedroom unit with another deck facing the backyard. The lower level features two additional 2-bedroom units, offering strong rental appeal and functional layouts.Units 1 and 3 are currently vacant, giving flexibility for setting new rents or for owner occupancy. Unit 4 will be vacating at the end of October, opening up more options in the near term.The detached garage is divided into two sections: the front portion is rented month-to-month at $495, complete with its own hydro meter, gas furnace, LED lighting, and garage door opener. The rear portion is used for storage by the owners additional untapped value.Hydro setup includes three meters: one for the garage, and two for the residential portion of the building.Limoges is a growing, commuter-friendly town just minutes from Highway 417, Calypso Waterpark, and Larose Forest. This property is already cashflow-positive, with opportunities to increase income and expand value over time.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size47,654 SqFt(366.8 x 129.92)
Parking Spaces16
MLS ®NumberX12230631
Community NameRussell
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Baseboard
Basement: Finished, Full

Features

Lot size: 47,654 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 15

Total parking spaces 16


Property History

Jun 19, 2025
ListedActive
$949,900
12 days on market
history photo preview36
Listing by trreb®
Property listed by EXP REALTY, Brokerage
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Market Data - Russell

Geo Zone Map ThumbnailRussell

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

114 days

Compared to

2024

48 days

2023

63 days

2022

8 days

New Listings

Past 30 days

15 listings

Compared to

2024

13 listings

2023

12 listings

2022

5 listings

Units sold

Past 30 days

5 units

Compared to

2024

10 units

2023

8 units

2022

3 units

Median Sold Price

Past 30 days

$589,900

Compared to

2024

$559,950

2023

$507,400

2022

$550,000


Population and Demographics

Overview

Total population 19542
Average household income $145,443

Age (%)

0 to 19
26%
20 to 34
17%
35 to 49
21%
50 to 64
22%
65 and plus
14%

Household composition (%)

Single family
79%
Single person
18%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
54%
French
39%
English and French
4%
Others
2%

House tenancy (%)

Owners
84%
Renters
16%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget