ON > Deep River > 510 - Deep River
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,999,999
Est. payment | /mo
Save
$ 1,999,999
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 510 - Deep River

MLS Listing ID X10418676

Annual Tax Amount $28,145

Tax Year 2024

Property Sub-Type Investment

Property Description

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000!

Location

Province ON

County Renfrew

Community 510 - Deep River

Area Renfrew

Zoning R-4

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Other

Lot Frontage 181.92

Building

Foundation Block

Others

Security Features Unknown

Pets Allowed Unknown

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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