Karla Knows Quinte!
Call or Text
613 848 2252
3246 County Road 2 Road Otonabee-South Monaghan, Ontario K0L 2G0
$1,350,000
5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per LC6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities. (id:47564)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X14117642 |
| Property Type | Multi-family |
| Community Name | Otonabee-South Monaghan |
| Equipment Type | Water Heater |
| Parking Space Total | 15 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 8 |
| Appliances | All, Dishwasher, Dryer, Water Heater, Washer, Water Softener |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat, Radiator |
| Size Interior | 1 Acres |
| Type | Multi-family |
Land
| Acreage | Yes |
| Size Depth | 223 Ft |
| Size Frontage | 192 Ft |
| Size Irregular | 1.02 |
| Size Total | 1.02 Ac |
| Size Total Text | 1.02 Ac |
| Zoning Description | Lc6 |
36 Covert Street
Cobourg, Ontario K9A 2L6
(905) 372-3200
(905) 372-1701
www.royalservice.ca/
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October 27 2026 06:29:58
Central Lakes Association of REALTORS®
Royal Service Real Estate Inc.