42A HURON STREET
Deep River, Ontario K0J1P0

$1,999,999

ID# 1388628
INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the potential to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:25961)
Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: April 26, 2024

On market: 12 days
Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 2
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Address Price Bed Bath SqFt Area Sub Area Brokerage
15 GREENWOOD ROAD Deep River
15 GREENWOOD ROAD
$769,900 4 3 0.9 ac Deep River Greenwood/James EXIT OTTAWA VALLEY REALTY
554 ROCKY POINT LANE Deep River
554 ROCKY POINT LANE
$499,900 1 1 50 ft X 100 ft (Irregular Lot) Deep River Deep River ROYAL LEPAGE EDMONDS & ASSOCIATES
6 THOMSON CRESCENT Deep River
6 THOMSON CRESCENT
$399,900 3 2 62.01 ft X 130 ft Deep River Thomson and Rutherford EXIT OTTAWA VALLEY REALTY
15 TROYES STREET Deep River
15 TROYES STREET
$369,900 3 2 50 ft X 100 ft Deep River Downtown EXIT OTTAWA VALLEY REALTY
34 BEACH AVENUE Deep River
34 BEACH AVENUE
$429,900 3 1 60 ft X 130 ft (Irregular Lot) Deep River Beach Ave. JAMES J. HICKEY REALTY LTD.
58 FRONTENAC CRESCENT Deep River
58 FRONTENAC CRESCENT
$457,000 5 2 54.98 ft X 111.31 ft Deep River Deep River RE/MAX PEMBROKE REALTY LTD.
Search

Kim LaRiccia

SALES REPRESENTATIVE

MCNE & RELOCATION SPECIALIST

Direct: 613.795.1915 kim@thinkhome.ca

Innovation Realty LTD

8221 Campeau Dr Unit B,

Kanata, ON K2T 0A2

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits