2084 DUNDAS Street, Edwardsburgh/Cardinal | Image 1

2084 DUNDAS Street

Edwardsburgh/Cardinal, 806 - Town of Cardinal

  • Commercial

$1,350,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Main Street Comm

  • Age: No Data

  • Taxes: 5859

  • MLS®#: X11937880

  • Days on Site: 8 Days

  • Added: Jan 21, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

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!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 83213

  • Area: Edwardsburgh/Cardinal

  • Community: 806 - Town of Cardinal

  • Availability Date: Flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Municipal

  • Volts: 400

Parking

  • Garage Type: None

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 312 PL 25 DESIGNATED AS PTS 1, 2, 3, 4 & 6, 15R10159 AND A

  • Taxes: $5,859

  • Expenses: Act

  • Insurance Fee: 8700

  • Hydro Expense: 15000

  • Heat Expenses: 2200

  • Taxes Type: Annual

  • Taxes: 5859

  • Water Fees: 7200

Land

  • Cross Street: Hwy 401 to Cardinal.

  • Municipality District: Edwardsburgh/Cardinal

  • Parcel Number: 681520646

  • Lot Depth: 249 Feet

  • Lot Frontage: 73 Feet

  • Lot Irregularities: 1

  • Zoning: Main Street Comm

Additional Media

  • Virtual Tour: https://youtu.be/9XmP7DvIYUM

Commercial Specific

  • Total Area: 4000

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Building

  • Gross Income/Sales: 122173

See 3D Tour of 2084 DUNDAS Street, Edwardsburgh/Cardinal
Video Tour
Map of 2084 DUNDAS Street, Edwardsburgh/Cardinal
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