3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
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Est. payment /mo
9 Beds
8 Baths
0.5 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Otonabee-South Monaghan

MLS Listing ID X14115942

Style 2-Storey

Bedrooms 9

Annual Tax Amount $8,058

Tax Year 2026

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.

Location

State ON

County Peterborough

Area Peterborough

Zoning LC6

Rooms

Family Room Yes

Basement None

Kitchen 5

Interior

Interior Features Storage

Cooling None

Inclusions 2 Hot Water Tanks, Iron Filter, Water Softener, All Appliances (5 Stoves, 5 Fridges, 3 Dishwashers, 5 Washers, 5 Dryers)

Exterior

Parking Features Private Triple, Private

Pool None

Roof Type Flat

Lot Frontage 192.0

Lot Depth 223.0

Total Parking Spaces 12

Building

Building Age 100+

Foundation Poured Concrete

Others

Senior Community No

ParcelsYN No

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Listed by Royal Service Real Estate Inc.
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3246 County Road 2 RD

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