Excellent investment opportunity located in the charming village of Chesterville. Sitting 40 minutes outside Ottawa, 20 minutes to the 401, and easy access to the 416. This 6 unit purpose built and well maintained building houses 5x2 bedroom units and 1x1 bedroom units. All units are spacious, bright, separately metered, and consist of individual storage for each. This property is fully tenanted with significant upside in market rents. Four units contain private balconies, and 3 units have been recently updated with tenants paying own utilities. Ample paved parking lot for 12+ vehicles and on-site coin laundry for tenant convenience and income. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you're a seasoned investor or looking to expand your portfolio, this 6-unit property is a strategic addition that promises long-term growth and stability.
Address
65 Queen Street
List Price
$999,000
Property Type
Commercial
Type of Dwelling
Investment
Area
North Dundas
Sub-Area
705 - Chesterville
County
Stormont, Dundas and Glengarry
Lot Size Source
MPAC
Lot Depth
143.66
Lot Type
Building
Lot Size Units
Feet
Lot Width
87.39
Approx. Age
31 - 50 Years
MLS® Number
X11976521
Listing Brokerage
EXP REALTY, BROKERAGE
Postal Code
K0C 1H0
Tax Amount
$5,962.00
Tax Year
2024
Heat Type
Baseboard
Cooling Features
No
Garage Type
Outside/Surface
Security Features
Yes
