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$559,900

Drummond/North Elmsley ON, K0G 1W0

MLS® # X12563850

Property Information:

Excellent investment opportunity in the heart of Rideau Ferry! This cash-flowing triplex sits on a level 200' x 200' lot on the historic grounds of the Antler Lodge, offering character, stability, and strong rental demand. Unit 1 is a spacious two-bedroom featuring vaulted ceilings, original hardwood flooring, and a stunning stone fireplace. Unit 2 is a bright one-bedroom with vaulted ceilings and original hardwood floors. Unit 3 is a large one-bedroom highlighted by a charming sun porch and exposed red brick accents. A massive detached garage, currently vacant and used by the owner, provides excellent additional revenue potential-perfect for storage, hobby use, or renting out for supplementary income. Each unit is equipped with electric baseboard heating and separate hydro meters. Major components are well maintained, including a septic system replaced in 2010. Built in 1984, this property offers a solid balance of modern construction and timeless character. Tenants enjoy a walkable lifestyle-just steps to CC's on the Rideau, the Rideau Ferry Store, and the RVCA public boat launch and beach. With a gross annual income of $41,258.16, this is a rare turnkey investment in one of the region's most charming waterfront communities. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities:
  • Basement Type: Crawl space
  • Exterior Finish: Cedar Siding, Vinyl siding
  • Fireplace Type: Woodstove
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 200.0 Feet
  • Lot Frontage: 200.0 Feet
  • Lot Size: 200 x 200 FT
  • Zoning: Multi Res
  • Sewer: Septic System
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 12

Rooms:

  • 2nd Bedroom Upper Level 2.76 m x 4.43 m
  • Kitchen Ground Level 3.91 m x 2.52 m
  • Sun Room Ground Level 8.29 m x 4.58 m
  • Bathroom Ground Level 3.06 m x 2.35 m
  • Bedroom Ground Level 4.95 m x 3.15 m
  • Family Ground Level 4.30 m x 4.43 m
  • Bathroom Ground Level 2.68 m x 2.62 m
  • Dining Ground Level 2.93 m x 2.18 m
  • Living Ground Level 6.44 m x 5.61 m
  • Kitchen Ground Level 3.58 m x 2.46 m
  • Living Ground Level 4.49 m x 6.60 m
  • Bedroom Ground Level 3.71 m x 6.26 m

Convert Measurement to:


Courtesy of: COLDWELL BANKER SETTLEMENT REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1092 RIDEAU FERRY ROAD, Drummond/North Elmsley, Ontario, K0G 1W0

Demographic Information of 1092 RIDEAU FERRY ROAD, Drummond/North Elmsley, Ontario, K0G 1W0

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$133,890.84

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.31 %

High school certificate or equivalent

30.27 %

Apprenticeship trade certificate/diploma

9.31 %

College/non-university certificate

26.19 %

University certificate (below bachelor)

1.53 %

University Degree

20.39 %

Commuter

Travel To Work

By Car

94.21 %

By Public Transit

0.0 %

By Walking

1.14 %

By Bicycle

0.0 %

By Other Methods

4.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.96 %

Houses

99.04 %

Own Vs. Rent