2084 DUNDAS Street, Edwardsburgh/Cardinal, ON Image 1

$1,200,000

$1,282,500
6.4% dropped

Last price change May 29

Investment For Sale
MLS - #X11937880
May 29- By RE/MAX HALLMARK REALTY GROUP

2084 DUNDAS Street, Edwardsburgh/Cardinal, ON K0E 1E0

Bed
Bath
4000 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

4000 Sqft

About 2084 DUNDAS Street

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!

Home Overview

Last updated

May 29

Virtual tour

None

Basement information

Building size

4000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
120000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 2084 DUNDAS Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4583.19/ month

Some information about this property - DUNDAS Street

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