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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$970,000
Available - For Sale
Listing ID: X12241557
Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New GENERAC generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof(06), Rental Breakdown: Apt #1 (Owner occupied): $1700/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat, hydro & hot water tank rental, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). Expenses: Insurance$3073/yr, Common Hydro $58/mth, Snow Removal $900/year.
Price $970,000
Taxes: $6,607.71
Assessment Year: 2024
Occupancy by: Owner+T
Address: 2540 Market Stre , Orleans - Cumberland and Area, K4C 1A4, Ottawa
Directions/Cross Streets: Old Montreal Rd.
Rooms: 20
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 10.96 15.81 Laminate
Room 2: Main Dining Ro 5.71 10.36
Room 3: Main Kitchen 12.37 14.24 Eat-in Kitchen
Room 4: Main Primary B 12.00 12.99
Room 5: Main Bedroom 2 11.32 8.92
Room 6: Main Bathroom 7.81 5.54 4 Pc Bath
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Second
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Second
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Lane, Othe
Drive Parking Spaces: 10
Park #1
Parking Type: Lane, Othe
Park #2
Parking Type: Lane
Park #3
Parking Type: Other
Pool: None
Other Structures: Shed
Approximatly Age: 16-30
Approximatly Square Footage: 3500-5000
Property Features: Park
Wooded/Treed
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
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ROYAL LEPAGE PERFORMANCE REALTY

2540 Market Stre , Orleans - Cumberland and Area, K4C 1A4, Ottawa

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Maria Tompson
Sales Representative
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416-548-7854
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416-981-7184

 
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Type: Freehold - Fourplex
Area: Ottawa
Municipality: Orleans - Cumberland and Area
Neighbourhood: 1115 - Cumberland Ridge
Style: 2-Storey
Lot Size: x 515.34(Feet)
Approximate Age: 16-30
Tax: $6,607.71
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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