New Listing
3246 County Road 2 Road,Otonabee-South Monaghan, ON K0L 2G0
Otonabee-South Monaghan, ON K0L 2G0
Description
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
Details
| MLS # | X14115942 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 5 |
| Listing Provided By | Royal Service Real Estate Inc. | X14115942 130406 |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 8 |
| Story(s) | 2 |
| Acreage | 0.98 |
Interior
| Interior Features | Storage |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Triple, Private |
Utilities
| Sewer | Septic |
|---|
Taxes
| Tax Annual Amount | 8058.37 |
|---|---|
| Tax Legal Description | LT 9 & 14 & PT LT 8 PL 8 OTONABEE; PT LT 13 CON 7 OTONABEE PTS 1 & 5 45R12568 ; OTONABEE-SOUTH MONAGHAN |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Peterborough |
| City | Otonabee-South Monaghan |
| Postal Code | K0L 2G0 |
| Area | Otonabee South Monaghan |
| Listing VS Median (in K0L 2G0) | |
Price: $1,350,000 low | high Med: $1,350,000 On site: 5 low | high Med: 5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Peterborough |
| City | Otonabee-South Monaghan |
| Postal Code | K0L 2G0 |
| Area | Otonabee South Monaghan |
| Listing VS Median (in K0L 2G0) | |
Price: $1,350,000 low | high Med: $1,350,000 On site: 5 low | high Med: 5 | |
