LOADING

2946 Lough Road North Dundas, Ontario K0E 1W0

7500 sqft
Baseboard Heaters Acreage

$825,000

Introducing a Unique Opportunity: an apartment building featuring SEVEN fully rented units, plus the potential for FIVE additional units across the second and third floors. With all finished units currently occupied, you can start generating income immediately. The infrastructure for plumbing and electrical is already in place on the upper floors, making expansion straightforward. Also this 3 acre property in the heart of South Mountain may qualify to construct a separate multi-unit on it, pending zoning application approvals.\r\n\r\nDon’t wait—this is your chance to invest in the thriving real estate market!\r\n\r\nNote: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed. \r\nVideo of Interior is virtually staged to show potential of unfinished units.\r\nPlease respect the privacy of current tenants. \r\n\r\nAct quickly—this opportunity won’t last! (id:28469)

Property Details

MLS® Number X9522231
Property Type Multi-family
Neigbourhood North Dundas
Community Name 708 - North Dundas (Mountain) Twp
ParkingSpaceTotal 15

Building

ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
SizeInterior 7500 Sqft
Type Multi-family

Land

Acreage Yes
Sewer Septic System
SizeDepth 509 Ft ,3 In
SizeFrontage 255 Ft ,6 In
SizeIrregular Unit=255.5 X 509.32 Ft ; 0
SizeTotalText Unit=255.5 X 509.32 Ft ; 0|2 - 4.99 Acres
ZoningDescription R1-5