$1,050,000
Available - For Sale
Listing ID: X9514553
65 QUEEN St , North Dundas, K0C 1H0, Ontario
| 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. |
| Price | $1,050,000 |
| Taxes: | $5961.78 |
| Assessment: | $486000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 65 QUEEN St , North Dundas, K0C 1H0, Ontario |
| Postal Code: | K0C 1H0 |
| Province/State: | Ontario |
| Legal Description: | PT QUEEN ST PL 35; PT LT 94 BLK A N/S NA |
| Lot Size: | 87.39 x 143.66 (Feet) |
| Directions/Cross Streets: | Main St to Queen St or Road 43 to Queen St |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 10000.00 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 31-50 |
| Chattels: | Y |
| Insurance Expense: | $5615 |
| Management Expense: | 4584 |
| Net Income Before Debt: | $84759 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Y |
| Central Air Conditioning: | N |
| Water: | Municipal |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | North Dundas |
| Lot Size: | 87.39 x 143.66(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $5,961.78 |
| Maintenance Fee: | $4,440 |
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