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Home ON Greater Kingston South Frontenac
4100 MORELAND DIXON ROAD
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4100 MORELAND DIXON ROAD $1,475,000
4 days ago
$1,475,000
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4100 MORELAND DIXON ROAD
South Frontenac (Frontenac South), Ontario K0H1X0

MLS® Number: X10430817

Listing Description

Rural Opportunity - Multi-Unit Property with Residential and Shop. 4100 Moreland-Dixon offers an exceptional investment opportunity just 10 minutes from the 401, north of Kingston, Ontario. This quality-built property by Signature Homes is situated on a 2-acre lot and includes three residential units and one Shop unit, providing remarkable versatility for investors or owner-occupiers. Beautiful rural setting on the edge of Inverary village, the property is close to local services and amenities including Inverary Golf and Country Club, Ken Garrett Memorial Park (28 acres), General Store / LCBO, Canada Post and Home hardware. The front building includes two residential units, a 1-bedroom, 1-bathroom unit and a 2-bedroom, 2-bathroom unit. Both units feature single-car garages and rear decks. The back building includes one residential unit with 2 bedrooms and 2 bathrooms, along with a workshop unit. The workshop features a spacious 1,278 SF garage and three bright offices with soaring ceilings, a 2-piece bathroom, and two 12x12 garage doors. The property is thoughtfully designed with ample parking, radiant in-floor heating, heat pumps in each residential unit, a constant pressure water system, a drilled well, and a new septic system, among other features. The residential units are currently leased at market rents, and the seller is open to leasing back the workshop, offering immediate rental income potential and a 6.5% CAP rate. This is a rare opportunity to acquire a high-quality, income-generating property with tremendous flexibility and excellent access to major transportation routes. Its perfect for an investor or business owner looking to occupy a residential unit while operating out of the workshop. Don't miss out on this unique opportunity. Contact us today to learn more! (38095952)

Location Description

Highway 10

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Frontenac South
Land Size
269 x 342 FT
Annual Property Taxes
$0
Time on REALTOR.ca
4 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
2 ac

Land

Lot Features
Frontage
269 ft
Land Depth
342 ft
Other Property Information
Zoning Description
UR1-24
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9

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