RE/MAX Finest Realty


2946 Lough Road South Mountain, Ontario K0E 1W0

Baseboard Heaters, Radiant Heat


Incredible Investment Opportunity! Apartment Building on 2+ Acres with Expansion Potential! Presenting a rare gem - an apartment building with seven fully rented units and the potential to expand with an additional six units on two floors! Seven fully rented units ensure immediate income generation. The Addition of six units the 2nd and 3rd floors, will maximize your investment plus the opportunity to expand. Enjoy cash flow from day one with all units currently rented. The 2nd and 3rd floors have plumbing and hydro already installed. Please respect the privacy of current tenants. Act Fast! This is your chance to be part of the flourishing real estate landscape in South Mountain. Don't miss out on this great investment opportunity! No Showings After 5 PM, The 2nd and 3rd floors do not have lighting. Form 560 - Confidentiality Agreement must be signed before any financials are provided. (id:41986)

Property Details

MLS® Number 1391771
Property Type Multi-family
Neigbourhood South Mountain
Parking Space Total 15


Constructed Date 1924
Exterior Finish Brick, Siding
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Radiant Heat
Stories Total 2
Utility Water Drilled Well


Acreage No
Sewer Septic System
Size Depth 509 Ft ,4 In
Size Frontage 255 Ft ,6 In
Size Irregular 255.5 Ft X 509.32 Ft
Size Total Text 255.5 Ft X 509.32 Ft
Zoning Description R1-5


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