2946 LOUGH Road, North Dundas | Image 1

2946 LOUGH Road

North Dundas, 708 - North Dundas (Mountain) Twp

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R1-5

  • Age: No Data

  • Taxes: 2805

  • MLS®#: X9522231

  • Days on Site: 42 Days

  • Added: Oct 06, 2024 (1 month ago)

  • Updated:

  • Last Checked: 20 hours ago

  • Listed By: REALTY EXECUTIVES REAL ESTATE LTD.

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!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 45702

  • Area: North Dundas

  • Community: 708 - North Dundas (Mountain) Twp

  • Availability Date: TBD

Building

  • Heat Type: Baseboard

  • Water Supply Type: Drilled Well

  • Water Supply: Well

Parking

  • Covered Parking Spaces: 15

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 8 CON 2 MOUNTAIN AS IN DR91080; NORTH DUNDAS

  • Taxes: $2,805

  • Insurance Fee: 6244

  • Operating Fees: 15343

Land

  • Cross Street: From Highway 43, hea

  • Municipality District: North Dundas

  • Parcel Number: 661070152

  • Sewer: Septic

  • Lot Depth: 509.32 Feet

  • Lot Frontage: 255.5 Feet

  • Zoning: R1-5

Additional Media

  • Virtual Tour: https://player.vimeo.com/video/1017061068?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0

Commercial Specific

  • Gross Income/Sales: 61045

See 3D Tour of 2946 LOUGH Road, North Dundas
Video Tour
Map of 2946 LOUGH Road, North Dundas
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