Excellent investment opportunity in the heart of Rideau Ferry! This cash-flowing triplex sits on a level 200' x 200' lot on the historic grounds of the Antler Lodge, offering character, stability, and strong rental demand. Unit 1 is a spacious two-bedroom featuring vaulted ceilings, original hardwood flooring, and a stunning stone fireplace. Unit 2 is a bright one-bedroom with vaulted ceilings and original hardwood floors. Unit 3 is a large one-bedroom highlighted by a charming sun porch and exposed red brick accents. A massive detached garage, currently vacant and used by the owner, provides excellent additional revenue potential-perfect for storage, hobby use, or renting out for supplementary income. Each unit is equipped with electric baseboard heating and separate hydro meters. Major components are well maintained, including all new shingles and metal roof properly resealed in April 2026, a septic system replaced in 2010. Built in 1984, this property offers a solid balance of modern construction and timeless character. Tenants enjoy a walkable lifestyle-just steps to CC's on the Rideau, the Rideau Ferry Store, and the RVCA public boat launch and beach. With a gross annual income of $40,258.56, this is a rare turnkey investment in one of the region's most charming waterfront communities. (id:28469)
Facts & features
Property
MLS® Number
X13239620
Property Type
Multi-family
Community Name
903 - Drummond/North Elmsley (North Elmsley) Twp
Parking Space Total
12
Building
Bathroom Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Basement Type
Crawl Space
Cooling Type
Window Air Conditioner
Exterior Finish
Vinyl Siding, Cedar Siding
Fireplace Present
Yes
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
2
Size Interior
3,500 - 5,000 Sqft
Type
Triplex
Parking
Detached Garage
—
Garage
—
Land
Acreage
No
Sewer
Septic System
Size Depth
200 Ft
Size Frontage
200 Ft
Size Irregular
200 X 200 Ft
Size Total Text
200 X 200 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.