2946 LOUGH ROAD
South Mountain, Ontario K0E1W0

$825,000

ID# 1415483

Baseboard heaters Radiant heat

Introducing a Unique Opportunity: an apartment building featuring SEVEN fully rented units, plus the potential for FIVE additional units across the second and third floors. With all finished units currently occupied, you can start generating income immediately. The infrastructure for plumbing and electrical is already in place on the upper floors, making expansion straightforward. Also this 3 acre property in the heart of South Mountain may qualify to construct a separate multi-unit on it, pending zoning application approvals. Don’t wait—this is your chance to invest in the thriving real estate market! Note: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed. Video of Interior is virtually staged to show potential of unfinished units. Please respect the privacy of current tenants. Act quickly—this opportunity won’t last! (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of REALTY EXECUTIVES REAL ESTATE LTD.

Listed on: October 07, 2024

On market: 39 days

Year Built	1924
Heating Type	Baseboard heaters, Radiant heat
Heating Fuel	Electric, Natural gas
Stories Total	3

2946 LOUGH ROAD
South Mountain, Ontario K0E1W0

Baseboard heaters Radiant heat

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