$ 1.999.900

1675 Dunning Road, Cumberland

  • Type: Townhouse
  • Added: 195 days ago
  • Updated: 186 days ago
  • Last Checked: 6 hours ago
INVESTMENT OPPORTUNITY!! Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.49% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available, CALL FOR MORE DETAILS! (id:1945)
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Show More Details and Features

Property DetailsKey information about 1675 Dunning Road

  • Heating: Radiant heat, Forced air, Propane
  • Stories: 2

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1675 Dunning Road

  • Water Source: Drilled Well
  • Lot Size Units: acres
  • Parking Total: 50
  • Lot Size Dimensions: 20.37

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Property Management & AssociationFind out management and association details

  • Association Name: Self Managed -

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic System

Tax & Legal InformationGet tax and legal details applicable to 1675 Dunning Road

  • Tax Year: 2023
  • Parcel Number: 145400007
  • Tax Annual Amount: 5908
  • Zoning Description: AG3

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 13
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Nearby Listings Stat

Active listings
9
Min Price
$415,000
Max Price
$1,999,900
Avg Price
$899,833
Days on Market
78 days
Sold listings
2
Min Sold Price
$709,000
Max Sold Price
$1,880,800
Avg Sold Price
$1,294,900
Days until Sold
118 days
Additional Information about 1675 Dunning Road

This Townhouse at 1675 Dunning Road Cumberland, ON with MLS Number 1389862 listed by Sonat Try - RE/MAX HALLMARK REALTY GROUP on Cumberland market 195 days ago at $1,999,900

The current price of the property is $1,999,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $1,599,920. This would result in a monthly mortgage payment of $9,352 over a 25-year amortization period.

More Details?
Sonat Try
  • Sonat Try
  • RE/MAX HALLMARK REALTY GROUP
  • 613-261-9951
  • WebSite

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