3246 County Road 2 Road, Otonabee-South Monaghan, ON K0L 2G0
Otonabee-South Monaghan, ON K0L 2G0
About this property
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
Property facts & features
- Property type
- Multiplex
- MLS® number
- X14115942
- Source status
- New
- Bedrooms
- 9
- Bathrooms
- 8
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K0L 2G0
- Parking spaces
- 12
- Garage
- None
- Lot depth (source units)
- 223
- Annual property tax
- 8058.37
- Basement
- None
- Laundry
- Not provided
- Interior features
- Storage
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,350,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Otonabee-South Monaghan →Listing brokerage: Royal Service Real Estate Inc.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14115942. Information deemed reliable but not guaranteed.