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Home ON North Dundas
2946 LOUGH ROAD
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2946 LOUGH ROAD $825,000
$825,000
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2946 LOUGH ROAD
South Mountain, Ontario K0E1W0

MLS® Number: 1415483

Listing Description

Introducing a Unique Opportunity: an apartment building featuring SEVEN fully rented units, plus the potential for FIVE additional units across the second and third floors. With all finished units currently occupied, you can start generating income immediately. The infrastructure for plumbing and electrical is already in place on the upper floors, making expansion straightforward. Also this 3 acre property in the heart of South Mountain may qualify to construct a separate multi-unit on it, pending zoning application approvals. Don’t wait—this is your chance to invest in the thriving real estate market! Note: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed. Video of Interior is virtually staged to show potential of unfinished units. Please respect the privacy of current tenants. Act quickly—this opportunity won’t last! (28932510)

Property Summary

Property Type
Multi-family
Storeys
3
Neighbourhood Name
North Dundas
Title
Freehold
Land Size
2.9 ac
Built in
1924
Annual Property Taxes
$2,805
Total Parking Spaces
15
Time on REALTOR.ca
37 days

Building

Building Features
Total Units
7
Heating & Cooling
Heating Type
Baseboard heaters (Electric), Radiant heat (Natural gas)
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Exterior Features
Exterior Finish
Brick, Siding
Maintenance or Condo Information
Maintenance Management Company
N/A -
Parking
Total Parking Spaces
15

Land

Lot Features
Frontage
255 ft ,6 in
Land Depth
509 ft ,4 in
Other Property Information
Zoning Description
R1-5
Data provided by: Rideau - St. Lawrence Real Estate Board 12-1275 Kensington Parkway, Brockville, Ontario K6V 6C3

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