Fully RENTED! 32 NEWLY CONSTRUCTED units in Ontario! $6,450,000.00
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About
  • Bedrooms

6+

  • Bathrooms

6+

 

Additional Info

These 32 units are located in an area desperate for good rental units, meaning GREAT chance to bring in LOTS OF CASH!

$6,450,000.00 Ovana Crescent, Wendover

ATTN: Millionaire Investors - NEW BUILDING, FULLY OCCUPIED. 32 Residential units built 2018... make up APPROX 40,000 sq ft of living space total... sitting on 1.1 acres of land with lots of room for MORE income. GROSS INCOME: $468,052 - EXPENSES: $85,712 = $382,340. Separated into 6 buildings, 24 units are - 3bedrm 1.5 bath townhouses (1300-1500 sq ft) and 8 - 1bedrm, 1 bath apartments (800 sq ft) in a private residential complex. Separate gas and hydro meters for each unit - tenants pay those utilities. HWTs paid by landlord. Stone and vinyl siding with a design that makes it feel like a house, not an apartment building. ADDED VALUE - Registered as a CONDO (ask Moe about this bonus!). Situated in a waterfront town of Wendover, nice place only 1hr from Montreal and 35 min to Ottawa. Average household income is $97,639 and 84% of the houses are single family residential. BIG NEED FOR GOOD RENTAL UNITS. Get in on the ground floor... unbeatable price for NEW MULTI RES. We welcome offers!

BOOK YOUR SHOWING TODAY!

Moe McIlwain - Salesperson RE/MAX HALLMARK REALTY GROUP 613-299-3100

 

Property Details
Contact Info
Name :  Invest Property Group
Phone No : 613-299-3100
Address :  500 Ovana Crescent, Wendover, ON K0A 3K0, Canada , Canada , East Canada , Quebec
Advertise By :  Owner
Post Date : 2020-01-17
Status : SOLD OUT