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Maria Tompson
Sales Representative
Remax Example Inc., Brokerage
Independently owned and operated.
4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968
$1,999,900
Available - For Sale
Listing ID: X9515100
1675 DUNNING Rd , Orleans - Cumberland and Area, K4C 1L7, Ontario
| INVESTMENT OPPORTUNITY!! Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.49% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available, CALL FOR MORE DETAILS! |
| Price | $1,999,900 |
| Taxes: | $5908.00 |
| Occupancy by: | Tenant |
| Address: | 1675 DUNNING Rd , Orleans - Cumberland and Area, K4C 1L7, Ontario |
| Postal Code: | K4C 1L7 |
| Province/State: | Ontario |
| Legal Description: | PT LT B CON 4 CUMBERLAND PTS 1, 2 & 3, 4 |
| Lot Size: | 518.90 x 1217.05 (Feet) |
| Directions/Cross Streets: | From the town of Cumberland take Old Montreal Road, then south onto Dunning Road. About 2.5KM south, |
| Category: | Apartment |
| Insurance Expense: | $7800 |
| Water Expense: | $960 |
| Gross Income/Sales: | $167868 |
| Operating Expenses: | $38017 |
| Net Income Before Debt: | $128938 |
| Heat Type: | Radiant |
| Sewers: | Septic |
| Water: | Well |
| Water Supply Types: | Drilled Well |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Orleans - Cumberland and Area |
| Neighbourhood: | 1116 - Cumberland West |
| Lot Size: | 518.90 x 1217.05(Feet) |
| Tax: | $5,908 |
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