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$675,000

1 JOHN STREET, South Dundas, Ontario, K0E 1K0

MLS® # X12704854

South Dundas ON, K0E 1K0

MLS® # X12704854

Property Information:

Prime Investment Opportunity: Solid Fully Occupied 6-Unit Multi-Residential Building in Central Iroquois. Discover a rare, "set-and-forget" addition to your real estate portfolio. This well-maintained 6-plex offers the perfect blend of structural integrity, reliable income, and a location that ensures perpetual demand. Constructed with longevity in mind, this solid building has been well cared for, offering peace of mind to the savvy investor. The unit mix is highly desirable for the local rental market with 5 Spacious 2-Bedroom Apartments and 1 Cozy 1-Bedroom Apartment. This property is designed for maximum efficiency and low landlord overhead with tenant-paid utilities: Units are equipped with separate hydro and water meters. Tenants pay their own usage, leaving the landlord responsible only for common area utilities. Proven Track Record: Fully occupied by excellent, long-term tenants who treat the building with respect. This property boasts an excellent history of very low vacancy. Additional Revenue: On-site shared coin-operated laundry facilities provide both a necessary amenity for tenants and a secondary income stream for the owner. Ample Parking: Includes 8 dedicated parking spaces, a premium feature for a multi-unit building. Situated in the heart of Iroquois, tenants enjoy walking distance to all essential amenities, including shopping, local dining, and schools. Just minutes from the scenic Iroquois Beach and the prestigious Iroquois Golf Club. Commuter friendly with quick and easy access to the Highway 401, making it an ideal location for those working in neighbouring hubs like Cornwall, Brockville, or Ottawa. With separate metering, a solid structure, and a reliable tenant base already in place, this building represents a secure vehicle for wealth appreciation and consistent cash flow with lots of potential to substantially increase income. 24 hours notice required for showings. Book your private viewing today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 11+3
  • Bathrooms: 6
  • Amenities Nearby: Schools
  • Community Features: School Bus
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 140 Feet
  • Lot Frontage: 102.8 Feet
  • Lot Size: 102.8 x 140 FT
  • Utility Type: Hydro - Installed, Cable - Available, Sewer - Installed
  • Zoning: Residential
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: EXIT REALTY MATRIX

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1 JOHN STREET, South Dundas, Ontario, K0E 1K0

Demographic Information of 1 JOHN STREET, South Dundas, Ontario, K0E 1K0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,453.54

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.45 %

High school certificate or equivalent

30.06 %

Apprenticeship trade certificate/diploma

7.11 %

College/non-university certificate

32.6 %

University Degree

5.79 %

Commuter

Travel To Work

By Car

90.76 %

By Public Transit

0.0 %

By Walking

9.24 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.81 %

Houses

91.19 %

Own Vs. Rent