10 Bedrooms

5 Bathrooms

5,000 - 100,000 sqft Interior

10 Parking spaces

59.2 X 81.9 Ft Lot size

12 days ago Listed

Virtual tour Fireplace Central Air Conditioning Forced Air

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About this home

If you have been looking for a Multi-Residential Investment Opportunity- this is the one! Purpose-built, five-unit building built in 2023. Each unit is open-concept, modern and bright with 2 bedrooms, a full bath and a combined Dining/Living area off a kitchen with an Island. All of this PLUS each unit has in-suite laundry! There's indoor parking as well as extra outdoor parking, and this building is extremely well located minutes from Merrickville. All 5 units are rented at current market rates. Investment opportunities do not come up like this often. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition. (id:28469)

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Facts & features

Property

MLS® Number: X13687196
Property Type: Multi-family
Community Name: 804 - Merrickville
Features: Carpet Free
Parking Space Total: 10

Building

Bathroom Total: 5
Bedrooms Above Ground: 10
Bedrooms Total: 10
Age: 0 To 5 Years
Basement Type: None
Cooling Type: Central Air Conditioning
Exterior Finish: Aluminum Siding, Brick
Fireplace Present: Yes
Foundation Type: Concrete
Heating Fuel: Propane
Heating Type: Forced Air
Stories Total: 3
Size Interior: 5,000 - 100,000 Sqft
Type: Other
Utility Water: Municipal Water

Parking

Garage: —
Inside Entry: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 81 Ft ,10 In
Size Frontage: 59 Ft ,2 In
Size Irregular: 59.2 X 81.9 Ft
Size Total Text: 59.2 X 81.9 Ft
Zoning Description: R1

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $7,084/mo
Ontario land transfer tax: $28,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Merrickville market

22 Active listings

$587,000 Median asking price

173% above median This home

39 days Avg. time on market

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Location

117 Drummond Street W, Merrickville-Wolford, Ontario K0G 1N0 · Get directions

117 Drummond Street W