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$2,250,000
Available - For Sale
Listing ID: X9521193
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: $11,440
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: 79.9 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.
Zoning: R4-10/R4-1
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ENGEL & VOLKERS OTTAWA

46&50 FIFTH St East , South Dundas, K0C 1X0, Ontario


 
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Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: South Dundas
Neighbourhood: 701 - Morrisburg
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Lot Size: 79.90 x 102.18(Feet)
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Tax: $11,440
Maintenance Fee: $0
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