$629,900

Investment For Sale In Gananoque, Ontario

$629,900

Property Information:

Fantastic investment opportunity in the heart of Gananoque. This fully tenanted legal triplex is generating $4,544/month ($54,528 annually) with strong tenants and updated finishes throughout. The building offers three self-contained units: a spacious 3-bedroom, a bright2-bedroom, and a well-kept 1-bedroom, with recent renovations completed in the larger suites. Situated on a generous 60' x 134' corner lot, the property offers ample on-site parking and has seen significant improvements over the years, including electrical upgrades, plumbing updates ,refreshed kitchens and bathrooms, newer flooring and paint, updated roof, decks, and siding. A true turnkey asset, this property is ideal for investors looking to step into a stable, income-producing rental without the hassle of deferred maintenance or tenant turnover. Close to downtown amenities, parks, and the waterfront. Minimum 24 hours' notice required for all showings. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 3
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 134.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 x 134 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE

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