2870 COLONIAL RD Pending

Orleans - Cumberland And Area,ON K0A 3E0

$ 619900

- Bed

- Bath

11840 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 11,840 sqft

Price per Sqft $52

Subdivision 1116 - Cumberland West

MLS Listing ID X9518943

Annual Tax Amount $3,900

Tax Year 2023

Property Sub-Type Investment

Property Description

Investment opportunity that savvy investors won't want to miss. Located in the peaceful village of Sarsfield, just minutes from Orleans & Navan, this well-maintained 5plex offers significant potential for increased returns. Sarsfield combines the charm of rural living with the convenience of easy access to nearby urban centers, making it an attractive location for tenants seeking tranquility while staying connected to city amenities. With 3 2-bdrm & 2 1-bdrm apts, the units are rented below market value, presenting a clear opportunity to maximize profitability. This fully-occupied property provides steady rental income & includes individual parking spaces & outdoor storage for each unit, enhancing tenant appeal. With 4 sep. electrical meters, landlords have added convenience, covering only electricity for common areas & 3 units. Seize this promising investment in a community blending country charm & urban accessibility. Schedule your viewing today & unlock the potential of this 5-plex!

Location

Province ON

County Ottawa

Community 1116 - Cumberland West

Area Ottawa

Rooms

Family Room No

Interior

Cooling No

Heat Source Electric

Exterior

Utilities Available Unknown

Roof Type Asphalt Shingle

Lot Frontage 126.0

Lot Depth 92.0

Building

Story 2

Foundation Concrete

Others

Security Features Unknown

Pets Allowed Unknown

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