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

 

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$2,200,000
Available - For Sale
Listing ID: X13458784
Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario's most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building's low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects.
Price $2,200,000
Taxes: $14,286.7
Occupancy by: Tenant
Address: 117 Drummond Street West , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi
Directions/Cross Streets: St John Street
Rooms: 35
Bedrooms: 10
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1 5
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 5
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 5
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 5
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 5
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 5
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 5
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Property Type: Multiplex
Style: 3-Storey
Exterior: Aluminum Siding
Brick
Garage Type: Attached
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 0-5
Approximatly Square Footage: 5000 +
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: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

117 Drummond Street West , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Leeds and Grenville
Municipality: Merrickville-Wolford
Neighbourhood: 804 - Merrickville
Style: 3-Storey
Lot Size: x 81.87(Feet)
Approximate Age: 0-5
Tax: $14,286.7
Maintenance Fee: $0
Beds: 10
Baths: 5
Garage: 0
Fireplace: Y
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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