Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

1675 Dunning Road, Orleans - Cumberland and Area, ON K4C 1L7 (Dunning Road and Willhaven Drive)
$ 1599900 - MLS : X13449798

From Our Gallery

Description

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 Detail

Community: 1116 - Cumberland West
Property Type: Tenant/Residential Freehold
Bedrooms: 19
Bath: 11
Garages: Other
Annual Property Taxes : $ 6551.29

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Other
Counstruction Material : Other
Total Parking Space : 100
Parking Type : Other

Amenities

Heating : Forced AirElectric
Sewer : Septic ,

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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