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$2,400,000
4 Days On Site

117 DRUMMOND STREET W
Merrickville-Wolford, ON K0G1N0

For Sale|Multi Family|Active
10
Beds
5
Total Baths
5000 - 100000
SqFt

/SqFt
Subdivision:
804 - Merrickville
117 DRUMMOND STREET W117 DRUMMOND STREET W117 DRUMMOND STREET W117 DRUMMOND STREET W
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Monthly Payment (Est.)

$10,950
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Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario's most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building's low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects. (id:31684)

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Listing Snapshot
Price 
$2,400,000
Days On Site 
4 Days
Bedrooms 
10
Inside Area (SqFt) 
5000 - 100000 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
X13458784
Status 
Active
Property Tax 
N/A
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoPrice changed to $2,400,000
5 days agoListing first seen on site
General Features
Attached Garage 
Yes
Garage 
Yes
Levels 
Three Or More
Parking 
Attached
Parking Spaces 
10
Property Sub Type 
Multi Family
Interior Features
Cooling 
Central Air
Heating 
Forced AirPropane
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Exterior Features
Frontage 
59 ft ,2 in
Lot Features 
Landscaped
View 
City
Waterview 
City

Listing courtesy of: Anthony Bassile of RE/MAX HALLMARK REALTY GROUP

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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