2084 DUNDAS STREET Active

Edwardsburgh/cardinal,ON K0E1E0

$ 1350000

- Bed

- Bath

4000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $337

Subdivision 806 - Town Of Cardinal

MLS Listing ID X11937880

Originating Board Ottawa Real Estate Board

Property Description

Welcome to 2084 Dundas, a meticulously maintained and recently renovated CASH COW. Grossing over $10,000 per month we are offering this gem at a PHENOMENAL CAP RATE of 6.16%. This property is just over 1/2 an acre and pending township approval, it has the potential to either add more units or split some big units, into additional dwellings. Two massive units per floor, one per side and an oversized unit in the rear addition, which used to be the grand banquet hall of a hotel. The front building used to be that hotel so you'll find a 400amp service for the front 6 units and a 200 amp service for the rear unit. One of the best parts of this building is the majority of the tenants have taken significant pride in upkeeping the units as if their own, as you will see in both photos or when you visit. Located a mere 300 metres from the St. Lawrence River, under 1 hour to Ottawa and 12 minutes to Prescott or the US border, this property is not to be overlooked! (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 20

Private Pool No

Others

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