40
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$1,282,500
Est. payment /mo
4,000 SqFt
Price Dropped by $67K
2084 DUNDAS ST Edwardsburgh/cardinal, ON K0E 1E0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $320
Subdivision 806 - Town Of Cardinal
MLS Listing ID X11937880
Annual Tax Amount $5,859
Tax Year 2024
Property Sub-Type Investment
Lot Depth 249.0
Lot Front 73.0
Property 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!
Location
Province ON
County Leeds And Grenville
Community 806 - Town Of Cardinal
Area Leeds And Grenville
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 73.0
Lot Depth 249.0
Others
Virtual Tour https://youtu.be/9XmP7DvIYUM
Listed by RE/MAX HALLMARK REALTY GROUP
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