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Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.81% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success! **EXTRAS** 1st Floor fully equipped dental office designed to accommodate wide range of dental services. 2nd Floor apartment: spacious 3 bed unit w/ massive loft. Basement: 1 bed & bachelor unit. All 4 units feature functional privacy. 3938 sqft total" +"BuildingAreaUnits": "Square Feet" +"BusinessType": array:1 [ 0 => "Apts - 2 To 5 Units" ] +"CityRegion": "Mill Pond" +"CoListOfficeName": "COLDWELL BANKER THE REAL ESTATE CENTRE" +"CoListOfficePhone": "905-737-5700" +"Cooling": "Yes" +"Country": "CA" +"CountyOrParish": "York" +"CreationDate": "2025-05-21T07:03:04.020154+00:00" +"CrossStreet": "Yonge & Elgin Mills" +"Directions": "West of Yonge On Levendale" +"Exclusions": "Inclusions list upon request" +"ExpirationDate": "2026-05-19" +"Inclusions": "Inclusions list upon request" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Toronto Regional Real Estate Board" +"ListingContractDate": "2025-05-20" +"LotSizeSource": "MPAC" +"MainOfficeKey": "018600" +"MajorChangeTimestamp": "2025-06-20T18:52:10Z" +"MlsStatus": "New" +"OccupantType": "Owner" +"OriginalEntryTimestamp": "2025-05-21T07:00:03Z" +"OriginalListPrice": 2375000.0 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Description
Discover a fully tenanted 5-unit legal non-conforming apartment building offering a robust gross income of $90,780 per year and an impressive 8.7% cap rate. This property has seen significant upgrades, including a newer well and septic system, along with cosmetic enhancements to select units, ensuring minimal maintenance and tenant satisfaction. Ideally situated just 10 minutes north of Highway 401 in the charming village of Roblin, this investment gem offers a serene rural setting with easy access to urban centers. Centrally located, its just 2 hours from both Toronto and Ottawa .Dont miss your chance to own this income-generating property perfect for seasoned investors or those looking to expand their portfolio.
Details
MLS® Number
X11891040
X11891040
Bathrooms
5
5
Property Size
0.355 Sqft
0.355 Sqft
Additional details
- Utilities: Yes
- Sewer: Septic
- Cooling: Partial
- County: Lennox & Addington
- Property Type: Commercial Sale
Address
- Address 3244 County 41 Road
- City Greater Napanee
- State/county ON
- Zip/Postal Code K0K 2W0
- Country CA