3246 County Road 2 Road Otonabee-South Monaghan, Ontario K0L 2G0
$1,350,000
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth. (id:49269)
Property Details
| MLS® Number | X14115942 |
| Property Type | Multi-family |
| Community Name | Otonabee-South Monaghan |
| Equipment Type | Water Heater |
| Parking Space Total | 12 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Age | 100+ Years |
| Appliances | All, Dishwasher, Dryer, Water Heater, Stove, Washer, Water Softener, Refrigerator |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Half Bath Total | 3 |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 5,000 - 100,000 Sqft |
| Type | Other |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 223 Ft |
| Size Frontage | 192 Ft |
| Size Irregular | 192 X 223 Ft |
| Size Total Text | 192 X 223 Ft|1/2 - 1.99 Acres |
| Zoning Description | C6 |
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October 26 2026 02:49:50
Central Lakes Association of REALTORS®
Royal Service Real Estate Inc.