2946 Lough Road Dundas And Glengarry, Ontario K0E 1W0
$825,000
Introducing a Unique Opportunity: an apartment building featuring SEVEN fully rented units, plus the potential for FIVE additional units across the second and third floors. With all finished units currently occupied, you can start generating income immediately. The infrastructure for plumbing and electrical is already in place on the upper floors, making expansion straightforward. Also this 3 acre property in the heart of South Mountain may qualify to construct a separate multi-unit on it, pending zoning application approvals.\r\n\r\nDon’t wait—this is your chance to invest in the thriving real estate market!\r\n\r\nNote: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed. \r\nVideo of Interior is virtually staged to show potential of unfinished units.\r\nPlease respect the privacy of current tenants. \r\n\r\nAct quickly—this opportunity won’t last! (id:43934)
Property Details
| MLS® Number | X9522231 |
| Property Type | Multi-family |
| Neigbourhood | North Dundas |
| Community Name | 708 - North Dundas (Mountain) Twp |
| ParkingSpaceTotal | 15 |
Building
| ExteriorFinish | Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters |
| SizeInterior | 7500 Sqft |
| Type | Multi-family |
Land
| Acreage | Yes |
| Sewer | Septic System |
| SizeDepth | 509 Ft ,3 In |
| SizeFrontage | 255 Ft ,6 In |
| SizeIrregular | Unit=255.5 X 509.32 Ft ; 0 |
| SizeTotalText | Unit=255.5 X 509.32 Ft ; 0|2 - 4.99 Acres |
| ZoningDescription | R1-5 |
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November 28 2024 07:27:48
Rideau - St. Lawrence Real Estate Board
Realty Executives Real Estate Ltd