$425,000

Investment For Sale In North Glengarry, Ontario

$425,000

Property Information:

ATTENTION INVESTORS! Here's your opportunity to add a solid income-generating triplex to your real estate portfolio in the growing community of Alexandria, Ontario. Situated on a corner lot close to the hospital, parks, shopping, restaurants, schools, and everyday amenities, this property offers the convenience tenants are looking for along with long-term investment potential. Alexandria is a welcoming North Glengarry community known for its small town charm, local services, and excellent accessibility, ideally located within reasonable driving distance to both Ottawa and Montreal. Its strategic location continues to attract renters and buyers seeking a quieter lifestyle while remaining connected to larger urban centres. Featuring two 2-bedroom units and one spacious 1-bedroom unit, this property offers flexible living arrangements and steady rental income potential. All three units are currently rented. Current rental rates are $820/month plus utilities and $1,065/month plus utilities for the 2-bedroom units, while the large 1-bedroom unit rents for $720/month plus utilities. The current owner pays for water. Recent updates including insulation, siding, and windows help add value and peace of mind for future ownership. Whether you are looking to expand your portfolio or step into the investment market, this property is well worth a closer look. 24 hours' notice required for all showings. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Golf Nearby, Schools
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 75 Feet
  • Lot Frontage: 66 Feet
  • Lot Size: 66 x 75 FT
  • Structure Type: Deck
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD., REAL BROKER ONTARIO LTD., BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.