Property Description

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000!

Features
: Baseboard
Address Map
CA
Ontario
Deep River
K0J 1P0
HURON
42A
0
W78° 30' 25''
N46° 6' 2.9''
More info
ROYAL LEPAGE EDMONDS & ASSOCIATES
43
2024-12-13 19:33:36.0
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Investment For Sale

42A HURON St, Deep River, Ontario K0J 1P0

  • Visits : 7 in 5 days
$1,999,999
Listing ID#X10418676
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X10418676
Price : $1,999,999
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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