3246 County Road 2 Road, Otonabee-South Monaghan, ON K0L 2G0
Otonabee-South Monaghan, ON K0L 2G0
About this property
5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per LC6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities.
Property facts & features
- Property type
- Investment
- MLS® number
- X14117642
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 8
- Reported interior area
- 1.02
- Neighbourhood
- Not provided
- Postal code
- K0L 2G0
- Garage
- None
- Lot depth (source units)
- 223
- Annual property tax
- 8058.37
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- 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® X14117642. Information deemed reliable but not guaranteed.