16055 Stormont, Dundas, And Glengarry Co, South Stormont | Image 1

16055 Stormont, Dundas, And Glengarry Co

South Stormont, 714 - Long Sault

  • 8 bed 6 bath
$1,500,000 est.*: $5,081/mo
For Sale

Added 1 day ago

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  • Type: Multiplex

  • Style: 3-Storey

  • Lot Size: 133.04 x 262.73 Feet

  • Age: No Data

  • Taxes: $6,982 per year

  • Added: Mar 03, 2025 (1 day ago)

  • Updated:

  • Last Checked: 10 hours ago

  • MLS®#: X11998140

  • Listed By: Keller williams integrity realty

Are you looking for an investment opportunity with plenty of upside in a thriving and rapidly growing area? 16055 County Rd 36 in Long Sault features a well built and well maintained 6-unit apartment building (all 2 bedroom, 1 bathroom units with in-unit laundry) as well as the potential to build a second 6-unit apartment building on the same property. An amendment to the Zoning By-Law has recently been passed to allow for a second 6-unit building to be built on this same property. Each unit in the existing building has plenty of upside potential in rental income as well. This property has had many recent updates including new shingle roof (2023), 6 new AC units (2023), new retaining wall / steps (2023), new entry door (2023), painting / patching of units (2024), painting of patio railings (2024). This is a turn-key investment with very good tenants, and plenty of rental upside. South Stormont Township is a very fast growing community in Eastern Ontario and this is your opportunity to be a part of that growth with a well built asset. This building has mainly mature tenants, is steps away from the conveniences of Long Sault, and features a paved parking lot area. All tenants pay their own heat + hydro.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Area: South Stormont

  • Community: 714 - Long Sault

  • Availability Date: TBD

  • Assessment Year: 2024

Inside

  • Bedrooms: 8

  • Bedrooms Plus: 4

  • Bathrooms: 6

  • Kitchens: 4

  • Kitchens Plus: 2

  • Rooms: 20

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 6

Building

  • Basement: Apartment

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 10

  • Total Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT E1/2 LT 36 CON 5 CORNWALL PT 2 52R4250; SOUTH STORMONT

  • Taxes: $6,982

Highlights

  • Feature: Park

  • Feature: Wooded/Treed

Land

  • Cross Street: County Rd 36 and Mil

  • Municipality District: South Stormont

  • Fronting On: North

  • Parcel Number: 602220167

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 262.73 Feet

  • Lot Frontage: 133.04 Feet

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Car-Dependent

  • Most errands require a car.
30 /100

Somewhat Bikeable

  • Most errands require a car.
33 /100
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