For Sale: 3246 County 2 Road Road, Otonabee-South Monaghan, ON - REW
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$1,350,000
0 bd • 8 ba • 1 sf • Multifamily
3246 County 2 Road Road
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$1,350,000
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3246 County Road 2 RoadOtonabee-South Monaghan, ON, K0L 2G0

  • 0 Bed
  • 8 Bath
  • 1 Sqft
  • Multifamily

About this home

5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per C6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities. (id:63626)
Listed by: Dan Hertzer, Salesperson, Royal Service Real Estate Inc.

Home facts and features

Price details
List Price
$1,350,000
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Gross Taxes for 2025
$7,765
Home facts
Bedrooms
0
Full Bathrooms
8
Parking Spaces
15
Property Type
Multifamily
Lot Size
192 ft x 0 ft (1 ft²)
Depth
Frontage
192.0 feet
Heating Type
Hot water radiator heat, Natural gas, Radiator
Cooling
Partially air conditioned
Appliances
All, Dishwasher, Dryer, Washer, Water Heater, Water softener
Agent details
Primary Agent
Dan Hertzer
Primary Broker
Royal Service Real Estate Inc.
Listing details
Days on REW
1 Day
MLS® Number
X14117642
Source
Canadian Real Estate Association
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Call Agent
Salesperson
Dan Hertzer
Phone:
(289) 829-1036
Cell:
289-829-1036
Office:
905-372-3200
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