For Sale: 11 Private Drive, Marmora and Lake, ON - REW
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$899,900
0 bd • ba • 7554 sf • Multifamily
11 Private Drive
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$899,900
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11 Private DriveMarmora and Lake, ON, K0K 2M0

  • 0 Bed
  • Bath
  • 7554 Sqft
  • Multifamily

About this home

Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity! (id:63626)
Listed by: Patricia Guernsey, Salesperson, Royal LePage ProAlliance Realty, Brokerage

Home facts and features

Price details
List Price
$899,900
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Gross Taxes for 2025
$7,108
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Heating Type
Hot water radiator heat, Natural gas, Radiator
Features
Irregular lot size
Agent details
Primary Agent
Primary Broker
Royal LePage ProAlliance Realty, Brokerage
Secondary Agent
Chantel Johnston
Secondary Broker
Royal LePage ProAlliance Realty, Brokerage
Listing details
Days on REW
28 Days
MLS® Number
X13128706
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Marmora Senior Public School
  • Public
  • 4 - 8
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Call Agent
Salesperson
Patricia Guernsey
Office:
(613) 966-6060
Fax:
(613) 966-2904
Salesperson
Chantel Johnston
Office:
(613) 966-6060
Fax:
(613) 966-2904
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.