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MLS® X14115942
Otonabee-South Monaghan, ON
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.
Inclusions
2 Hot Water Tanks, Iron Filter, Water Softener, All Appliances (5 Stoves, 5 Fridges, 3 Dishwashers, 5 Washers, 5 Dryers)
Exclusions
Tenant's Belongings, All Items in Storage Rooms
Broker
Royal Service Real Estate Inc.
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Multiplex
3246 County Road 2 Road Otonabee-South Monaghan
Otonabee-South Monaghan
Built
100+
Type
Multiplex
Basement
None
Parking
None (12)
Property Tax
~$8,058/yr
Heating
Radiant
Buying Essentials
Facing Direction
North
Parking
None (12)
Finances
List Price
$1,350,000
Property Tax
~$8,058/yr
Property Specs
Property Type
Multiplex
Age of Building
100+
Basement
None
Living & Amenities
Heating Type
Radiant
Features
Storage
Policies & Utilities
Neighbourhood
Otonabee-South Monaghan
Listed On
Oct 26, 2026
Days on Market
Current: 12 days
Room information is not available for this listing.
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