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$675,000
Available - For Sale
Listing ID: X12704854
Prime Investment Opportunity: Solid Fully Occupied 6-Unit Multi-Residential Building in Central Iroquois. Discover a rare, "set-and-forget" addition to your real estate portfolio. This well-maintained 6-plex offers the perfect blend of structural integrity, reliable income, and a location that ensures perpetual demand. Constructed with longevity in mind, this solid building has been well cared for, offering peace of mind to the savvy investor. The unit mix is highly desirable for the local rental market with 5 Spacious 2-Bedroom Apartments and 1 Cozy 1-Bedroom Apartment. This property is designed for maximum efficiency and low landlord overhead with tenant-paid utilities: Units are equipped with separate hydro and water meters. Tenants pay their own usage, leaving the landlord responsible only for common area utilities. Proven Track Record: Fully occupied by excellent, long-term tenants who treat the building with respect. This property boasts an excellent history of very low vacancy. Additional Revenue: On-site shared coin-operated laundry facilities provide both a necessary amenity for tenants and a secondary income stream for the owner. Ample Parking: Includes 8 dedicated parking spaces, a premium feature for a multi-unit building. Situated in the heart of Iroquois, tenants enjoy walking distance to all essential amenities, including shopping, local dining, and schools. Just minutes from the scenic Iroquois Beach and the prestigious Iroquois Golf Club. Commuter friendly with quick and easy access to the Highway 401, making it an ideal location for those working in neighbouring hubs like Cornwall, Brockville, or Ottawa. With separate metering, a solid structure, and a reliable tenant base already in place, this building represents a secure vehicle for wealth appreciation and consistent cash flow with lots of potential to substantially increase income. 24 hours notice required for showings. Book your private viewing today!
Price $675,000
Taxes: $5,609
Assessment Year: 2025
Occupancy by: Tenant
Address: 1 John Street , South Dundas, K0E 1K0, Stormont, Dundas
Directions/Cross Streets: John St and Miller St
Rooms: 30
Rooms +: 10
Bedrooms: 11
Bedrooms +: 3
Washrooms: 6
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Mutual
Drive Parking Spaces: 8
Park #1
Parking Type: Mutual
Park #2
Parking Type: Mutual
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 3500-5000
Property Features: School Bus R
School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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EXIT REALTY MATRIX

1 John Street , South Dundas, K0E 1K0, Stormont, Dundas

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Stormont, Dundas and Glengarry
Municipality: South Dundas
Neighbourhood: 702 - Iroquois
Style: 3-Storey
Lot Size: x 140.00(Feet)
Approximate Age: 31-50
Tax: $5,609
Maintenance Fee: $0
Beds: 11+3
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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