42A HURON STREET
Deep River, Ontario K0J1P0

$1,999,999

ID# 1418728

Baseboard heaters

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: October 31, 2024

On market: 23 days

Heating Type	Baseboard heaters
Heating Fuel	Electric
Stories Total	2

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LOOKING FOR SOMETHING SPECIFIC? LET ME KNOW AND I'LL FIND IT FOR YOU

Chris Drozda

Broker

Phone: 613-223-6625

chrisdrozda@royallepage.ca

John Carkner, Realtor®

johncarkner@royallepage.ca

Sue Barnes, Broker

suebarnes@royallepage.ca

(613) 292-5889

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42A HURON STREET Deep River, Ontario K0J1P0

Baseboard heaters

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294 DUMBRILLE STREET Kemptville $949,900 Beds: 4 Baths:2 Sq Ft:ArrayChris Drozda | Broker

223 MAIN STREET W Merrickville $1,299,000 Beds: 7 Baths:10 Sq Ft:ArrayAnita deVries Bonneau | Sales Representative

1141 MEADOW LANE ROAD Ottawa $999,900 Beds: 4 Baths:4 Sq Ft:ArrayLorraine Goulard

1465 LETTERKENNY ROAD Quadeville $925,000 Beds: 2 Baths:2 Sq Ft:ArrayThomas Morel

90 ESCARPMENT CRESCENT Kanata $2,900 Beds: 3 Baths:3 Sq Ft:ArrayShabnam Tiku

100 ROGER GUINDON AVENUE UNIT403 Ottawa $519,900 Beds: 2 Baths:2 Sq Ft:ArrayChris Coveny

142/144 MONTFORT STREET Ottawa $2,100,000 Beds: Baths: Sq Ft:ArrayKen Dekker

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7158 FRANKTOWN ROAD Ottawa $850,000 Beds: 0 Baths: Sq Ft:ArrayBill Peng

220 COMPTON AVENUE Ottawa $1,195,000 Beds: Baths: Sq Ft:ArrayFlorian Nagelschmitz

8 VISTA CRESCENT Kemptville $789,000 Beds: 5 Baths:4 Sq Ft:ArrayWendy Embleton

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515 ST LAURENT BOULEVARD UNIT649 Ottawa $2,400 Beds: 2 Baths:2 Sq Ft:ArrayNatalie Belovic

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79 GOULBURN AVENUE UNIT3 Ottawa $2,200 Beds: 2 Baths:1 Sq Ft:ArrayJulien Leclair-Dionne

689 RIVER DRIVE Lanark Highlands $599,900 Beds: 2 Baths:1 Sq Ft:ArraySHERI D'AOUST

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