Otonabee-South Monaghan, ON
3246 County Road 2 Road
$1,350,000
Data last updated Oct 30, 2026, 5:40 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,350,000
- Type
- multiplex
- Bedrooms
- 9
- Bathrooms
- 8
- MLS®
- X14115942
- Status
- active
- Brokerage
- Royal Service Real Estate Inc.
About this home
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
Location
More details
- Property tax
- $8,058 (2026)
- Days on market
- 5
- Style
- 2-Storey
- Year built
- 100+
- Lot
- 192 × 223 Feet
- Parking
- 12 spaces · None
- Basement
- None
- Heating
- Radiant
- Air conditioning
- None
- Neighbourhood
- Otonabee-South Monaghan
- Major intersection
- County Rd 2 & Heritage Line
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.