7 - 2039 County Rd. 44 N Edwardsburgh/cardinal, Ontario K0E 1X0
$1,275,000
Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant. (id:47351)
Property Details
| MLS® Number | X9308740 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 15 |
| Structure | Patio(s) |
Building
| BathroomTotal | 10 |
| BedroomsAboveGround | 9 |
| BedroomsBelowGround | 4 |
| BedroomsTotal | 13 |
| Appliances | Water Heater |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Slab |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Other |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 322 Ft ,10 In |
| SizeFrontage | 274 Ft ,3 In |
| SizeIrregular | 274.25 X 322.89 Ft |
| SizeTotalText | 274.25 X 322.89 Ft|1/2 - 1.99 Acres |
| ZoningDescription | Ru-3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Ground Level | Bedroom 3 | Measurements not available | ||
| Ground Level | Bedroom 2 | Measurements not available | ||
| Ground Level | Bedroom 2 | Measurements not available | ||
| Ground Level | Bedroom 2 | Measurements not available | ||
| Ground Level | Bedroom 2 | Measurements not available | ||
| Ground Level | Bedroom | Measurements not available | ||
| Ground Level | Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/27388803/7-2039-county-rd-44-n-edwardsburghcardinal
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September 09 2024 09:38:43
Toronto Real Estate Board
RE/MAX Hallmark First Group Realty Ltd., RE/MAX Hallmark First Group Realty Ltd. Brokerage