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2084 DUNDAS STREET

Edwardsburgh/Cardinal, Ontario K0E1E0

$1,282,500 for sale



MLS®:
X11937880
Contract Days:
94
Community:
Ownership:
Property Type:
Main Street Comm. Multi-Family
Total Size:
Bldg=73 x 249 FT ; 1
Built Date:
Parking:
20
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Stove, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Foundation Type:
Utitilies

Heating Type:
Baseboard heaters
Heating Fuel:
Cooling Type:
Partially air conditioned
Utility Water:
Municipal water
Sewer:
Total Fireplaces:
Type
Level
Size

Note

Welcome to 2084 Dundas, a meticulously maintained and recently renovated CASH COW. Grossing over $10,000 per month we are offering this gem at a PHENOMENAL CAP RATE of 6.16%. This property is just over 1/2 an acre and pending township approval, it has the potential to either add more units or split some big units, into additional dwellings. Two massive units per floor, one per side and an oversized unit in the rear addition, which used to be the grand banquet hall of a hotel. The front building used to be that hotel so you'll find a 400amp service for the front 6 units and a 200 amp service for the rear unit. One of the best parts of this building is the majority of the tenants have taken significant pride in upkeeping the units as if their own, as you will see in both photos or when you visit. Located a mere 300 metres from the St. Lawrence River, under 1 hour to Ottawa and 12 minutes to Prescott or the US border, this property is not to be overlooked! (id:19004)

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