5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of... land measuring approximately 66' x 223' with multiple options as per C6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities.
Full Property Details
General
Business Type
Apts - 2 To 5 Units
Total Area
1.02 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Apts - 2 To 5 Units
Total Area
1.02 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
8
Heating Fuel
Gas Hot Water
Air Conditioning
Partial
Washrooms
8
Heating Fuel
Gas Hot Water
Air Conditioning
Partial
Exterior
Depth
223.0
Front
192.0
Lot Size
192 x 223.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C6
Depth
223.0
Front
192.0
Lot Size
192 x 223.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C6
Building Description
Home Type
Commercial
Subtype
Investment
Water Supply
Well
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Water Supply
Well
Possession Date
No Data
Community
Community
Otonabee-South Monaghan
Community
Otonabee-South Monaghan
Taxes & Fees
Taxes
$7,765 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$7,765 /yr
Tax Year
2026
Occupancy
Tenant
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