10 VICTORIA Street, South Glengarry | Image 1

10 VICTORIA Street

South Glengarry, 722 - Lancaster

  • Commercial

$2,795,000
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4

  • Age: No Data

  • Taxes: 24156

  • MLS®#: X9519573

  • Days on Site: 170 Days

  • Added: Jul 02, 2024 (5 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX AFFILIATES MARQUIS LTD.

Discover a prime investment opportunity in Lancaster! This property features two 6-plex units. Unit 1 built in 2021 and Unit 2 built in 2023. All 12 apartments are 2-bedroom units, each with washer/dryer hook ups, gas heating, and private parking. Tenants pay their utilities. Located 1hrs from downtown Montreal and 1.5hrs from Ottawa, and 20 minutes to Cornwall. This well-maintained building promises steady income and long-term appreciation. Don't miss this investment opportunity! Call today to book your showing. 48hrs notice for all showings.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 174953

  • Area: South Glengarry

  • Community: 722 - Lancaster

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 18

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 8 RCP 145, PT 1, 14R6425 SUBJECT TO AN EASEMENT OVER PT 1, 14

  • Taxes: $24,156

  • Expenses: Est

  • Insurance Fee: 8519

  • Operating Fees: 40447

  • Water Fees: 3672

Land

  • Cross Street: From 401 exit at Lan

  • Municipality District: South Glengarry

  • Parcel Number: 671230673

  • Sewer: Sanitary

  • Lot Depth: 215.48 Feet

  • Lot Frontage: 131.88 Feet

  • Zoning: R4

Additional Media

  • Virtual Tour: https://my.matterport.com/show/?m=co2GfWa9LgQ

Commercial Specific

  • Total Area: 0.5

  • Total Area Metric: Acres

  • Gross Income/Sales: 215400

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