3246 County Road 2 Road

FOR SALE
$1,350,000
3246 County Road 2 Road, Otonabee-South Monaghan
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
Investment
CATEGORY
192 x 223
LOT SIZE
X14117642
MLSID
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Property Description
5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per C6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities.
Property Details
Address
3246 County Road 2 Road
Postal Code
K0L 2G0
Property Type
Investment, Investment
Use
Apartment
Zoning
C6
Lot Size
192' x 223'
Acreage
1.0 Feet
Taxes
$7,765 (2026
Heat Type
Gas Hot Water
Water
Well
Parking Spaces
15
Garage Type
None
Listing contracted with Royal Service Real Estate Inc.
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