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$ 825,000
Est. payment /mo
Contingent
2946 LOUGH RD South Mountain, ON K0E 1W0
2.9 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1415483
Year Built 1924
Annual Tax Amount $2,805
Tax Year 2023
Lot Size 2.900 Acres
Property Sub-Type Apartment 5+ Units
Property Description
Introducing a Unique Opportunity: an apartment building featuring SEVEN fully rented units, plus the potential for FIVE additional units across the second and third floors. With all finished units currently occupied, you can start generating income immediately. The infrastructure for plumbing and electrical is already in place on the upper floors, making expansion straightforward. Also this 3 acre property in the heart of South Mountain may qualify to construct a separate multi-unit on it, pending zoning application approvals.
Don't wait—this is your chance to invest in the thriving real estate market!
Note: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed.
Video of Interior is virtually staged to show potential of unfinished units.
Please respect the privacy of current tenants.
Act quickly—this opportunity won't last!
Don't wait—this is your chance to invest in the thriving real estate market!
Note: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed.
Video of Interior is virtually staged to show potential of unfinished units.
Please respect the privacy of current tenants.
Act quickly—this opportunity won't last!
Location
Province ON
Rooms
Basement Full
Interior
Heating Electricity, Natural Gas
Exterior
Roof Type Asphalt Shingle
Building
Story 3
Sewer Septic Installed
Water Drilled Well
Structure Type Brick,Siding
Listed by REALTY EXECUTIVES REAL ESTATE LTD.