2084 DUNDAS Street, Edwardsburgh/Cardinal, ON K0E 1E0

Edwardsburgh/Cardinal K0E 1E0 Ontario

MLS: X11937880

$1,282,500

Added 31 days ago | For Sale

Listed by: RE/MAX HALLMARK REALTY GROUP

About Property

Welcome to 2084 Dundas, a meticulously maintained and recently renovated CASH COW. Grossing over $10,000 per month we are offering this gem at a PHENOMENAL CAP RATE of 6.16%. This property is just over 1/2 an acre and pending township approval, it has the potential to either add more units or split some big units, into additional dwellings. Two massive units per floor, one per side and an oversized unit in the rear addition, which used to be the grand banquet hall of a hotel. The front building used to be that hotel so you'll find a 400amp service for the front 6 units and a 200 amp service for the rear unit. One of the best parts of this building is the majority of the tenants have taken significant pride in upkeeping the units as if their own, as you will see in both photos or when you visit. Located a mere 300 metres from the St. Lawrence River, under 1 hour to Ottawa and 12 minutes to Prescott or the US border, this property is not to be overlooked!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 73 X 249
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Hwy 401 to Cardinal. Exit at Shanley Road #22 From Hwy #22 continue onto Dundas Street. Property will be on the corner of Bridge St/ Dundas Street.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5859
  • Bedrooms:
  • Total Parking Spaces:20
  • Parking Places:20
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X11937880

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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