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$675,000

Est. payment - /mo

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14 Beds

6 Baths

New

1 John ST South Dundas, ON K0E 1K0

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 702 - Iroquois

MLS Listing ID X12704854

Style 3-Storey

Bedrooms 14

Annual Tax Amount $5,609

Tax Year 2025

Property Sub-Type Multiplex

Lot Depth 140.0

Lot Front 102.83

Property Description

Prime Investment Opportunity: Solid Fully Occupied 6-Unit Multi-Residential Building in Central Iroquois. Discover a rare, "set-and-forget" addition to your real estate portfolio. This well-maintained 6-plex offers the perfect blend of structural integrity, reliable income, and a location that ensures perpetual demand. Constructed with longevity in mind, this solid building has been well cared for, offering peace of mind to the savvy investor. The unit mix is highly desirable for the local rental market with 5 Spacious 2-Bedroom Apartments and 1 Cozy 1-Bedroom Apartment. This property is designed for maximum efficiency and low landlord overhead with tenant-paid utilities: Units are equipped with separate hydro and water meters. Tenants pay their own usage, leaving the landlord responsible only for common area utilities. Proven Track Record: Fully occupied by excellent, long-term tenants who treat the building with respect. This property boasts an excellent history of very low vacancy. Additional Revenue: On-site shared coin-operated laundry facilities provide both a necessary amenity for tenants and a secondary income stream for the owner. Ample Parking: Includes 8 dedicated parking spaces, a premium feature for a multi-unit building. Situated in the heart of Iroquois, tenants enjoy walking distance to all essential amenities, including shopping, local dining, and schools. Just minutes from the scenic Iroquois Beach and the prestigious Iroquois Golf Club. Commuter friendly with quick and easy access to the Highway 401, making it an ideal location for those working in neighbouring hubs like Cornwall, Brockville, or Ottawa. With separate metering, a solid structure, and a reliable tenant base already in place, this building represents a secure vehicle for wealth appreciation and consistent cash flow with lots of potential to substantially increase income. 24 hours notice required for showings. Book your private viewing today!

Location

Province ON

County Stormont, Dundas And Glengarry

Area Stormont, Dundas And Glengarry

Rooms

Family Room No

Basement Apartment

Kitchen 8

Separate Den/Office 3

Interior

Interior Features Separate Hydro Meter, Separate Heating Controls, Water Heater Owned

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Mutual

Pool None

Roof Type Asphalt Shingle

Lot Frontage 102.83

Lot Depth 140.0

Total Parking Spaces 8

Building

Building Age 31-50

Unit Features School Bus Route,School,Beach

Foundation Poured Concrete

Others

ParcelsYN Yes

Listed by EXIT REALTY MATRIX

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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