Welcome to 2084 Dundas, a meticulously maintained and recently renovated CASH COW. Grossing over $12,000 per month we are offering this gem at a 6.5% CAP RATE, factoring in vacancy, management & maintenance. This property is just over ½ an acre and pending township approval, it has the potential to either add more units or split some big units, into additional dwellings. 2 massive units per floor, one per side and an oversized unit in the rear addition, which used to be the grand banquet hall of a hotel. The front building used to be that hotel so you'll find a 400amp service for the front 6 units and a 200 amp service for the rear unit. One of the best parts of this building is the majority of the tenants have taken significant pride in upkeeping the units as if their own, as you will see in both photos or when you visit. Located a mere 300 metres from the St. Lawrence River, under 1 hour to Ottawa and 12 minutes to Prescott or the US border, this property is not to be overlooked! (id:19358)
| MLS® Number | 1362955 |
| Property Type | Multi-family |
| Neigbourhood | Cardinal |
| Parking Space Total | 20 |
| Constructed Date | 1898 |
| Exterior Finish | Brick, Siding |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 249 Ft |
| Size Frontage | 73 Ft |
| Size Irregular | 73 Ft X 249 Ft (irregular Lot) |
| Size Total Text | 73 Ft X 249 Ft (irregular Lot) |
| Zoning Description | Main Street Comm. |
https://www.realtor.ca/real-estate/26138901/2084-dundas-street-cardinal-cardinal
Contact us for more information
Leo Alvarenga
Broker
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
