2039 County Rd 44 Road, Edwardsburgh Cardinal
- Bedrooms: 13
- Living area: 6991 square feet
- Type: Commercial
- Added: 57 days ago
- Updated: 5 days ago
- Last Checked: 4 hours ago
Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant. (id:1945)
Property Details
- Cooling: Central air conditioning
- Heating: Forced air, Propane
- Exterior Features: Vinyl siding
- Foundation Details: Slab
Interior Features
- Living Area: 6991
- Bedrooms Total: 13
Exterior & Lot Features
- Parking Total: 16
- Parking Features: Detached Garage
- Building Features: Separate Heating Controls
- Lot Size Dimensions: Unit=274.25 x 322.89 FT
Location & Community
- Directions: Exit 721B from ON-401 Eastbound. Turn left onto County Rd 16. Turn right onto County Rd 44, property is on your right side.
Utilities & Systems
- Sewer: Septic System
Tax & Legal Information
- Tax Year: 2016
- Tax Annual Amount: 5100
- Zoning Description: RU-3
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