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Rideau Lakes,ON K0G 1V0
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 818 - Rideau Lakes (Bastard) Twp
MLS Listing ID X12084628
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $2,158
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Triplex
Property Description
Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. Fully rented at the moment with one unit vacating for June 1st, makes it the perfect opportunity for an owner occupied investment property. There is a one bedroom main floor unit with a long time tenant, the next main floor unit has 2 bedrooms above and was updated throughout before the current tenant arrived, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake, and this will be the vacant unit! All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, library and a public beach and boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Current gross rent of $31,584 nets $25,364. Buyer must assume existing tenants in 2 units.
Location
Province ON
County Leeds And Grenville
Community 818 - Rideau Lakes (Bastard) Twp
Area Leeds And Grenville
Rooms
Family Room No
Kitchen 3
Interior
Cooling None
Exterior
Exterior Feature Deck,Porch,Year Round Living
Parking Features Private
Pool None
Waterfront Description None
Roof Type Asphalt Shingle,Flat,Metal
Building
Foundation Concrete,Stone
Others
Virtual Tour https://youriguide.com/24_perth_st_portland_on/