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$1,099,900

Augusta ON, K0G 1R0

MLS® # X12434507

Property Information:

Exciting investment opportunity in the quaint village of North Augusta! Situated on over 1 acre of land, this property offers 6 fully renovated rental units plus a large garage space, perfect for storage or workshop---a rare find with incredible flexibility. Prime Location: Only a short drive to Brockville, Highway 401, Kemptville, Merrickville, and Ottawa. Renovated Units: Each apartment comes with appliances, outdoor storage, and its own porch (except unit 4). All but one include a propane fireplace (except unit 6) for cozy comfort. Peace of Mind: A separate utility room houses a generator that keeps power running for all 6 units and the garage - no outages to worry about. Modern Upgrades: Two brand-new septic systems and a paved driveway are already completed. Income-turnkey: Live in one unit while rental income helps pay the mortgage. Versatile Garage: A large, heated space ideal for equipment storage or a workshop. Opportunities like this are rare: a turnkey income property with built-in security, comfort, and long-term potential. Rentals all include 2 parking spots, 1 locker, heat and hydro. #1 - $525.00 (bachelor) / #2 - 1950.00 / #3 - 1800.00 / #4 - 1103.16 / #5 - 1600.00 / #6 - 1550.00 / Garage is 1800.00(or you can split and smaller side 1000.00 and 1200.00 for the bigger side)= 10,328.16 per month = 123,937.92 for the year ---------- Taxes - $8100.00 / Insurance - $7400.00 / Heating - $7348.00 / Electricity - $17,890.00 = 40,738.00 ---------------- NET INCOME is $ 83,203.52 divided by 12 net per month is approx. 6933.00 per month with current rents (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Amenities:
  • Basement Type: None
  • Exterior Finish: Steel
  • Fireplace: Yes
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Other
  • Cooling Type: Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 6
  • Features: Irregular lot size, Carpet Free
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 120.5 Feet
  • Lot Size: 120.5 FT
  • Zoning: Residential property with six self-contained units
  • Sewer: Septic System
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 30

Courtesy of: RE/MAX HOMETOWN REALTY INC

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 8350 COUNTY ROAD 15 ROAD, Augusta, Ontario, K0G 1R0

Demographic Information of 8350 COUNTY ROAD 15 ROAD, Augusta, Ontario, K0G 1R0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$122,000.00

Average Number of Children

1.99

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.5 %

High school certificate or equivalent

37.29 %

Apprenticeship trade certificate/diploma

6.86 %

College/non-university certificate

26.07 %

University Degree

9.28 %

Commuter

Travel To Work

By Car

94.59 %

By Public Transit

0.0 %

By Walking

5.3 %

By Bicycle

0.0 %

By Other Methods

0.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent