2084 Dundas Street , Edwardsburgh/Cardinal, ON K0E 1E0
Edwardsburgh/Cardinal, ON K0E 1E0
Description
Welcome to 2084 Dundas, a meticulously maintained and recently renovated CASH COW. Grossing over $10,000 per month we are offering this gem at a PHENOMENAL CAP RATE of 6.16%. This property is just over 1/2 an acre and pending township approval, it has the potential to either add more units or split some big units, into additional dwellings. Two 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!
Details
| MLS# | X11937880 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 86 |
| Listing Provided By | RE/MAX HALLMARK REALTY GROUP | X11937880 504301 |
Features
| SQ Feet | 4,000 |
|---|---|
| Acreage | 0.09 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Leeds and Grenville |
| City | Edwardsburgh/Cardinal |
| Postal Code | K0E 1E0 |
| Area | 806 Town of Cardinal |
| Listing VS Median (In K0E 1E0) | |
Price: $1,282,500 low | high Med: $1,282,500 SqFt: 4,000 low | high Med: 4,000 $ / SqFt: $321 low | high Med: $321 On site: 86 low | high Med: 86.000000 | |