$2,250,000
Available - For Sale
Listing ID: X9521193
46&50 FIFTH St East , South Dundas, K0C 1X0, Ontario
| Discover a remarkable investment opportunity with this custom-built row of 10 bungalow units, perfectly situated in the heart of Morrisburg. Designed with quality, efficiency, & durability in mind, this property boasts a stunning stone exterior & slab-on-grade construction. Each of the 10 units features 1 bedroom plus a den, thoughtfully designed with lovely finishes & ample space, catering to both comfort & functionality. Enjoy the benefits of radiant heating throughout the units, providing a cozy & energy-efficient living environment for tenants. Generous parking options for residents & guests further enhance the property's attractiveness. This custom-built row of bungalows represents a solid investment with excellent return potential. Located in a vibrant community within walking distance of all amenities, the demand for these well-appointed units ensures continued interest from prospective tenants. Don't miss this opportunity to add a valuable asset to your real estate portfolio! |
| Price | $2,250,000 |
| Taxes: | $11440.00 |
| Occupancy by: | Tenant |
| Address: | 46&50 FIFTH St East , South Dundas, K0C 1X0, Ontario |
| Postal Code: | K0C 1X0 |
| Province/State: | Ontario |
| Legal Description: | PT LT 51, 54 PL 44 PT 3 & 4, 8R3120; S/T |
| Lot Size: | 79.90 x 102.18 (Feet) |
| Directions/Cross Streets: | County Road #2, Right on Pilot Way, Right on Fifth, the property will be on your left side. |
| Category: | Apartment |
| Insurance Expense: | $3348 |
| Water Expense: | $0 |
| Gross Income/Sales: | $127900 |
| Net Income Before Debt: | $99963 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Window Unit |
| Sewers: | Sewers |
| Water: | Municipal |
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| ENGEL & VOLKERS OTTAWA |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | South Dundas |
| Neighbourhood: | 701 - Morrisburg |
| Lot Size: | 79.90 x 102.18(Feet) |
| Tax: | $11,440 |
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