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$ 825,000
Est. payment /mo
Active
2946 LOUGH ROAD South Mountain, ON K0E1W0
2.9 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision North Dundas
MLS® Listing ID 1415483
Originating Board Rideau - St. Lawrence Real Estate Board
Year Built 1924
Lot Size 2.900 Acres
Acres 126324.0
Property Description
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. Don?t wait?this is your chance to invest in the thriving real estate market! Note: 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. Video of Interior is virtually staged to show potential of unfinished units. Please respect the privacy of current tenants. Act quickly?this opportunity won?t last! (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, Radiant heat
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 15
Private Pool No
Building
Story 3
Sewer Septic System
Others
Ownership Freehold
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