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1675 Dunning Rd 13 Unit Apartment Building $1,925,000 CAD ($148,077 CAD/Unit) 6.74% Cap Rate Ottawa, ON K4C 1L7
INVESTMENT HIGHLIGHTS
- Multi-Residential complex situated on just OVER 20 ACRES of Land
- Fully Tenanted and self managed property
- 6 Freestanding Residential Buildings, a 5plex, Single home, 2 Prefab homes, a Log Shack, Barn and 4 Rental Spaces for storage
- Located just 1.5KM south of Cumberland
EXECUTIVE SUMMARY
Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.49% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available.
PROPERTY FACTS
| Price | $1,925,000 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $148,077 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 20.66 AC |
| Cap Rate | 6.74% | Building Size | 8,000 SF |
| No. Units | 13 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | ||
| Zoning | AG3 - Agricultural Zone | ||
| Price | $1,925,000 CAD |
| Price Per Unit | $148,077 CAD |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 20.66 AC |
| Building Size | 8,000 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | AG3 - Agricultural Zone |
AMENITIES
SITE AMENITIES
- Recycling
- Smoke Free
- Storage Space
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1675 Dunning Rd
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