INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 ACRES of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.5% CAP RATE with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Property being sold as-is, where-is. Contact for more details!
| MLS # | X13449792 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 102 |
| Listing Provided By | RE/MAX HALLMARK REALTY GROUP | X13449792 504303 |
| SQ Feet | 887,317 |
|---|---|
| Acreage | 20.37 |
| Cooling | Partial |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Septic |
| Tax Annual Amount | 6551.29 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Orleans - Cumberland and Area |
| Postal Code | K4C 1L7 |
| Area | 1116 Cumberland West |
| Listing VS Median (in K4C 1L7) | |
Price: $1,499,900 low | high Med: $1,499,900 sqft: 887,317 low | high Med: 887,317 $ / sqft: $2 low | high Med: $2 On site: 102 low | high Med: 102 | |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Orleans - Cumberland and Area |
| Postal Code | K4C 1L7 |
| Area | 1116 Cumberland West |
| Listing VS Median (in K4C 1L7) | |
Price: $1,499,900 low | high Med: $1,499,900 sqft: 887,317 low | high Med: 887,317 $ / sqft: $2 low | high Med: $2 On site: 102 low | high Med: 102 | |