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$1,050,000
Available - For Sale
Listing ID: X9514553
Excellent investment opportunity located in the charming village of Chesterville. Sitting 40 minutes outside Ottawa, 20 minutes to the 401, and easy access to the 416. This 6 unit purpose built and well maintained building houses 5x2 bedroom units and 1x1 bedroom units. All units are spacious, bright, separately metered, and consist of individual storage for each. This property is fully tenanted with significant upside in market rents. Four units contain private balconies, and 3 units have been recently updated with tenants paying own utilities. Ample paved parking lot for 12+ vehicles and on-site coin laundry for tenant convenience and income. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you're a seasoned investor or looking to expand your portfolio, this 6-unit property is a strategic addition that promises long-term growth and stability.
Price $1,050,000
Taxes: $5,961.78
Assessment: $486000
Assessment Year: 2024
Occupancy by: Tenant
Address: 65 QUEEN St , North Dundas, K0C 1H0, Ontario
Postal Code: K0C 1H0
Province/State: Ontario
Legal Description: PT QUEEN ST PL 35; PT LT 94 BLK A N/S NA
Lot Size: 87.39 x 143.66 (Feet)
Directions/Cross Streets: Main St to Queen St or Road 43 to Queen St
Zoning: C1
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 10,000
Total Area Code:  Sq Ft
Approximatly Age: 31-50
Chattels: Y
Insurance Expense: $5615
 Management Expense: 4584
Maintenance: 4,440
Net Income Before Debt: $84759
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Sprinklers: Y
Central Air Conditioning: N
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
eXp Realty, Brokerage

65 QUEEN St , North Dundas, K0C 1H0, Ontario

Personal Picture
Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274

 
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At a Glance:
Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: North Dundas
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Lot Size: 87.39 x 143.66(Feet)
Approximate Age: 31-50
Tax: $5,961.78
Maintenance Fee: $4,440
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Freda Ziba
Century 21, Heritage Group LTD. , Brokerage
7330 Yonge Street
Thornhill , ON , L4J7Y7
 CONTACT FREDA ZIBA
Cell: 647-997-2120
Office: 905-764-7111
Email: fzibahomes@gmail.com