2039 County Rd. 44 N

Edwardsburgh/Cardinal | | K0E 1X0
  • 9 + 4
  • 10
  • 0

Ask: $1,275,000 $1,149,000

Est. Mtg $3,896 /mo
  • Days on market

    32

  • Status

    Pc

Listing Broker RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Since listed: 0 views

Home details

MLS #:

X9308740

Property type:
Multiplex
Style:
2-Storey
Taxes:
$5,100
Possession:
Flexible
Lot Front:
274.25   Feet
Lot Depth:
322.89   Feet
Basement:
None |
Driveway Pkg:
15
Heat:
Other | Forced Air

Description


2039 County Rd. 44 N, , Edwardsburgh/Cardinal, Ontario is a Multiplex property in Edwardsburgh/Cardinal and in the community in the K0E 1X0 postal code


Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant..

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-10 $1,275,000 $1,149,000 Pc X9308740

Comparables

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sold Date Address List Price sold Price DOM
2024-02 44-46 Becher St, $1,899,900 $1,850,000 107
2024-01 46 East Ave E, $699,900 $685,000 27
2023-04 583-585 King St, $1,199,900 $1,170,000 90
2023-03 292 Simcoe St, $849,000 $800,000 46
2023-03 187-193 Station St, $859,000 $859,000 25
2022-03 1 Balfour Pl, $1,250,000 $1,325,000 6
2022-03 8-10 Lisgar St, $1,790,000 $1,767,000 20
2022-02 331 Spruce St, $2,099,999 $3,420,900 94
2022-02 270-272 Whittaker St, $979,900 $960,000 18
2022-01 91 Secord Ave, $1,590,000 $1,600,000 79
2022-01 27 Carleton St N, $1,499,000 $1,332,000 115
2021-12 3731 19th St, $1,850,000 $1,893,000 52
2021-11 377 Lasalle Blvd, $999,900 $900,000 48
2021-11 35-37 Ontario Rd, $1,099,000 $1,075,000 57
2021-11 69-71 Cedar St, $1,399,000 $1,307,000 127

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Edwardsburgh/Cardinal :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 2039 County Rd. 44 N

Based on available 3rd party data

$4456

Approximate costs per month

Mortgage
$3896 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$425 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Data Source: TRREB

Payment calculator

$4321 monthly. In association with: TD Bank
%
  • Principal and Interest
    3896 /mo
  • Property Taxes
    $425 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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