Address
608 HIGHWAY 2 HIGHWAY Cardinal, ON
Price
$ 1,575,000
Property Attributes
  • ID#1243467
  • TypeMulti-Family
  • CityCardinal
  • NeighbourhoodCARDINAL
  • Postal CodeK8V 5P5
  • Style
  • Price$ 1,575,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX HALLMARK REALTY GROUP
Data Source:
Canadian Real Estate Association
Property Description

BRICK PURPOSE-BUILT 18-UNIT APT BUILDING IN CARDINAL NEAR THE ST. LAWRENCE RIVER,MOST OF TENANTS OVER 60 YRS OLD,CLOSE TO NEW GIANT TIGER WAREHOUSE,GREAT ACCESS TO THE U.S. BORDER & MAJOR CITIES W/HWY 401,COMMUTING DISTANCE TO OTTAWA FOR THE CITY WORKER,SECURITY ENTRANCES,HIGH WALKSCORE BEING CLOSE TO RESTAURANTS & SHOPPING,TENANTS PAY THEIR OWN HYDRO/ELECTRIC BASEBOARD HEATING W/THERMOSTATS IN EVERY ROOM,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME,LOCATED ON HIGHWAY #2,16-2 BDRM & 2-1 BDRM APTS,STORAGE ROOMS FOR EVERY APT,LAUNDRY ROOM WITH RENTAL COIN OPERATED WASHERS(2) & DRYERS(2) OWNED BY COINAMATIC(RENTAL AGREEMENT TO BE ASSUMED BY THE BUYER),18 ELECTRIC HOT WATER TANKS ARE OWNED BY THE SELLER, 1 RENTAL GAS HOT WATER TANK IN THE LAUNDRY ROOM,BUY REAL ESTATE IN A MANNER IN WHICH IT WILL PAY FOR ITSELF & NEVER SELL & JUST KEEP BUYING,48 HOURS NOTICE FOR ALL SHOWINGS,SELLER WILL SHOW 2 APARTMENTS,ONCE THE PROPERTY IS CONDITIONALLY SOLD THE SELLER WILL SHOW ALL THE APTS (id:7434)

General Features

Foundation Type Block
More Information Link https://www.realtor.ca/real-estate/23241103/608-highway-2-highway-cardinal-cardinal
Neighbourhood CARDINAL
Property Type Multi-family
Zoning Description MULTI-RESIDENTIAL

Interior Features

Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Baseboard heaters

Exterior Features

Exterior Finish Brick
Parking Space Total 30
Sewer Municipal sewage 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 K8V 5P5

Price
AVG $1.24M
$1.58M
Visits
AVG 14
8
Year Built
AVG 1975
1975