Address
1675 Dunning Road, Ottawa, ON
Price
$ 1,499,900

Your Agent

John Ostapyk

Sales Representative

613-706-6710


Listing provided by John Ostapyk, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13449792
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area1116 - Cumberland West
  • Neighbourhood1116 - Cumberland West
  • Postal CodeK4C 1L7
  • Style
  • Price$ 1,499,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20
  • Lot Size20.34 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 ACRES of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.5% CAP RATE with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Property being sold as-is, where-is. Contact for more details! (id:7434)

General Features

Property Type Multi-family
Zoning Description AG3
CommunityName 1116 - Cumberland West
Building Cooling Type Partially air conditioned
Location Description Cross Streets: Dunning Road and Willhaven Drive. ** Directions: From the town of Cumberland take Old Montreal Road, then south onto Dunning Road. About 2.5KM south, property on the Left.
Building Type Multi-Family

Interior Features

Building Fireplace Present False
Living Area Range 20

Exterior Features

Sewer Septic System

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K4C 1L7

Price
AVG $1.5M
$1.5M

Your Agent

John Ostapyk

Sales Representative

613-706-6710


Listing provided by John Ostapyk, Sales Representative, REMAX Hallmark Realty Group

Listed By
RE/MAX HALLMARK REALTY GROUP

Areas We Cover