Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$1,899,900
Available - For Sale
Listing ID: X13025282
1675 Dunning Road , Orleans - Cumberland and Area, K4C 1L7, Ottawa
| 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! |
| Price | $1,899,900 |
| Taxes: | $6551.29 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1675 Dunning Road , Orleans - Cumberland and Area, K4C 1L7, Ottawa |
| Postal Code: | K4C 1L7 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Dunning Road and Willhaven Drive |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 20.37 |
| Total Area Code: | Acres |
| Net Income Before Debt: | $128104 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | Partial |
| Sewers: | Septic |
$
%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Orleans - Cumberland and Area |
| Neighbourhood: | 1116 - Cumberland West |
| Tax: | $6,551.29 |
| Fireplace: | N |
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