1675 Dunning Road, Orleans - Cumberland And Area, ON K4C 1L7
- $1,499,900
- 19
- BD
- 11
- BA
- List Price
- $1,499,900
- Price Change
- ▼ $100,000 1784050002
- MLS#
- X13449798
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- Other
- Bedrooms
- 19
- Bathrooms
- 11
- Living Area
- < 700
- Province
- ON
- Municipality
- Orleans - Cumberland And Area
- Area
- Ottawa
- Neighborhood
- 1116 - Cumberland West
- Subdivision
- Dunning Road And Willhaven Drive
Property Description
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 ACRES of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.5% 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. Property being sold as-is, where-is. Contact for more details!
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Additional Information
- Taxes
- $6,551
- Heat Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning
- Other
- Family Room
- Yes
- Kitchens
- 8
- Exterior
- Other
- Garage Type
- Other
- Pool
- Above Ground
- Parking Spaces
- 100
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Listing courtesy of RE/MAX HALLMARK REALTY GROUP.