1675 Dunning Road, Orleans - Cumberland and Area, ON K4C 1L7

Orleans - Cumberland and Area K4C 1L7 Ontario

MLS: X13025282

$1,899,900

Added 3 hours ago | For Sale

Listed by: RE/MAX HALLMARK REALTY GROUP

About Property

INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 5-Plex, a single family home, and two prefab homes. Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking. Offering a 6.75% CAP rate with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Vendor Take-Back (VTB) financing available. Contact for more details!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 518.91 X 217.05
  • Water:Well
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dunning Road and Willhaven Drive
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $6551.29
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Propane Gas
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X13025282

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