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

 

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$1,100,000
Available - For Sale
Listing ID: X12358958
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, providing ample opportunity for the new owner. 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.
Price $1,100,000
Taxes: $6,471
Assessment Year: 2024
Occupancy by: Tenant
Address: 16055 County Rd 36 Stre , South Stormont, K0C 1P0, Stormont, Dundas
Directions/Cross Streets: Barnhart Dr
Rooms: 20
Rooms +: 10
Bedrooms: 8
Bedrooms +: 4
Washrooms: 6
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1:  3 Basement
Washroom 2:  3 Second
Washroom 3:  3 Third
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Basement
Washroom 7:  3 Second
Washroom 8:  3 Third
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Basement
Washroom 12:  3 Second
Washroom 13:  3 Third
Washroom 14:  0
Washroom 15:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 8
Pool: None
Approximatly Square Footage: 3500-5000
Property Features: 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: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES MARQUIS LTD.

16055 County Rd 36 Stre , South Stormont, K0C 1P0, Stormont, Dundas

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

 
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At a Glance:
Type: Freehold - Multiplex
Area: Stormont, Dundas and Glengarry
Municipality: South Stormont
Neighbourhood: 714 - Long Sault
Style: 3-Storey
Lot Size: x 262.73(Feet)
Approximate Age:
Tax: $6,471
Maintenance Fee: $0
Beds: 8+4
Baths: 6
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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