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MLS® X14117642
Otonabee-South Monaghan, ON
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 LC6 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.
Inclusions
2 Hot Water Tanks, Iron Filter, Water Softener, All Appliances (5 Stoves, 5 Fridges, 3 Dishwashers, 4 Washers, 4 Dryers)
Exclusions
Tenant's Belongings, All Items in Storage Rooms
Broker
Royal Service Real Estate Inc.
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Investment
3246 County Road 2 Road Otonabee-South Monaghan
Otonabee-South Monaghan
Type
Investment
Parking
None
Property Tax
~$8,058/yr
Heating
Gas Hot Water
Buying Essentials
Square Feet
1 sqft
Parking
None
Finances
List Price
$1,350,000
Price per SQFT
$1,350,000/sqft
Property Tax
~$8,058/yr
Property Specs
Property Type
Investment
MLS Size
1 sqft
Living & Amenities
Heating Type
Gas Hot Water
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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