3246 County Road 2 Rd
Otonabee-South Monaghan, Ontario
Beds
9
Baths
8
Sqft
5,000
Type
Multiplex
About this Property
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
Listing Details
- MLS #
- X14115942
- Board
- PROPTX
- Market
- ontario
- Property Type
- Multiplex
- Style
- 2-Storey
- Year Built
- 100+
- Garage
- None
- Parking Spaces
- 12
- Basement
- None
- Heating
- Radiant
- Cooling
- None
- Pool
- None
- Lot Size
- 192 × 223 ft
- Annual Taxes
- $7,765/yr
- Listed By
- Royal Service Real Estate Inc.
- Listed On
- October 26, 2026
Features & Extras
Extras
2 Hot Water Tanks, Iron Filter, Water Softener, All Appliances (5 Stoves, 5 Fridges, 3 Dishwashers, 5 Washers, 5 Dryers)
Request information
A REMAX Hallmark® representative will follow up with you.