Description

 Price: $ 1,599,900.00 MLS^®: X13449798         Location : 1675 Dunning Road, Orleans - Cumberland and Area, ON K4C 1L7

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 8.0% 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. Vendor Take-Back (VTB) financing available. Contact for more details!

Location Description

Dunning Road and Willhaven Drive

Property Details

• Community: 1116 - Cumberland West
• Property Type: Tenant/Residential Freehold
• Bedrooms: 19
• Bath: 11
• Garages: Other

Building Features

• Foundation Type: Other
• Construction Material: Other
• Total Parking Space: 100

Features

• Heating: Forced Air Electric
• Sewer: Septic ,

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