42A HURON STREET
Deep River, Ontario K0J1P0

$1,999,999

ID# 1418728
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)
Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: October 31, 2024

On market: 21 days
Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 2
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Address Price Bed Bath SqFt Area Sub Area Brokerage
36 THOMSON CRESCENT Deep River
36 THOMSON CRESCENT
$349,900 3 2 60 ft X 100 ft (Irregular Lot) Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
12 AVON ROAD Deep River
12 AVON ROAD
$13 - - 546 ft X 498 ft Deep River Deep River CENTURY 21 ASPIRE REALTY LTD.
32750 HIGHWAY 17 HIGHWAY Deep River
32750 HIGHWAY 17 HIGHWAY
$589,000 3 4 1.49 ac Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
581 ROCKY POINT LANE Deep River
581 ROCKY POINT LANE
$1,300,000 3 2 245 ft X 100 ft (Irregular Lot) Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
HIGHWAY 17 HIGHWAY Deep River
HIGHWAY 17 HIGHWAY
$59,900 - - 0.42 ac Deep River Deep River JAMES J. HICKEY REALTY LTD.
33016 HIGHWAY 17 HIGHWAY Deep River
33016 HIGHWAY 17 HIGHWAY
$359,900 2 1 1.4 ac Deep River Deep River JAMES J. HICKEY REALTY LTD.
Search

Jennifer Ritskes

SALES REPRESENTATIVE

Direct: 613.851.0788

Jennifer@JenniferRitskes.com

Innovation Realty Ltd.

8221-B Campeau Drive

Kanata, ON K2T 0A2

Phone (613) 755-2278

Fax   (613) 755-2279


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits