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2870 Colonial Road Orleans - Cumberland And Area, Ontario K0A 3E0

Baseboard Heaters

$619,900

Investment opportunity that savvy investors won’t want to miss. Located in the peaceful village of Sarsfield, just minutes from Orleans & Navan, this well-maintained 5plex offers significant potential for increased returns. Sarsfield combines the charm of rural living with the convenience of easy access to nearby urban centers, making it an attractive location for tenants seeking tranquility while staying connected to city amenities. With 3 2-bdrm & 2 1-bdrm apts, the units are rented below market value, presenting a clear opportunity to maximize profitability. This fully-occupied property provides steady rental income & includes individual parking spaces & outdoor storage for each unit, enhancing tenant appeal. With 4 sep. electrical meters, landlords have added convenience, covering only electricity for common areas & 3 units. Seize this promising investment in a community blending country charm & urban accessibility. Schedule your viewing today & unlock the potential of this 5-plex! (id:28469)

Property Details

MLS® Number X9518943
Property Type Multi-family
Neigbourhood Sarsfield
Community Name 1116 - Cumberland West
ParkingSpaceTotal 8

Building

BasementDevelopment Unfinished
BasementType N/a (unfinished)
FoundationType Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
Type Multi-family

Land

Acreage No
Sewer Septic System
SizeDepth 92 Ft
SizeFrontage 126 Ft
SizeIrregular Unit=126 X 92 Ft ; 0
SizeTotalText Unit=126 X 92 Ft ; 0
ZoningDescription V3f