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$1,050,000
Est. payment /mo
10,000 SqFt
UPDATED:
11/07/2024 05:02 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $105
MLS Listing ID X9514553
Annual Tax Amount $5,961
Tax Year 2023
Property Description
Excellent investment opportunity located in the charming village of Chesterville. Sitting 40 minutes outside Ottawa, 20 minutes to the 401, and easy access to the 416. This 6 unit purpose built and well maintained building houses 5x2 bedroom units and 1x1 bedroom units. All units are spacious, bright, separately metered, and consist of individual storage for each. This property is fully tenanted with significant upside in market rents. Four units contain private balconies, and 3 units have been recently updated with tenants paying own utilities. Ample paved parking lot for 12+ vehicles and on-site coin laundry for tenant convenience and income. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you’re a seasoned investor or looking to expand your portfolio, this 6-unit property is a strategic addition that promises long-term growth and stability.
Location
Province ON
County Stormont, Dundas And Glengarry
Rooms
Kitchen 0
Interior
Interior Features None
Cooling No
Fireplace No
Heat Source Electric
Exterior
Garage Spaces 6.0
Pool None
Utilities Available Unknown
Waterfront No
Roof Type Asphalt Shingle
Parking Type Outside/Surface
Total Parking Spaces 12
Building
Foundation Block
New Construction false
Others
Security Features Yes
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Listed by eXp Realty, Brokerage