65 Ottawa Street, Morrisburg, Ontario K0C 1X0

Attention investors! 65 Ottawa Street is an opportunity you will not want to miss. With the exception of the foundation & foot print of the previous business, this 8 unit apartment complex is completely brand new. Built NEW from the ground up, this complex offers 3 - lower level 2 bedroom units, 3 - upper level 2 bedroom units, a front (west) facing 1 bedroom short term rental space or a commercial rental, & a separate (back) 2 bedroom house, w/an attached garage & the most spectacular back yard. Live in this & be an on-site superintendent over your property! An enormous covered carport provides the tenants this great feature for up to 2 parking spots. Every unit (except front) has in-suite laundry & is extremely spacious. Spray foam insulation throughout, makes it energy efficient, reducing the heating costs for tenants (sep. meters). Construction is just finishing, and it is almost completely tenanted. The property is .8 acres in size IN TOWN! Close access to 401 for easy commutes. (id:27476)

This Freehold property with a land size of 120 ft X 226 ft is located at 65 Ottawa Street in the city of Morrisburg, Ontario. It offers a total of 16 parking spaces, making it an attractive investment opportunity.

What sets this property apart is the fact that it is a newly built 8 unit apartment complex, with the exception of the foundation & foot print of the previous business. The complex consists of 3 lower level 2 bedroom units, 3 upper level 2 bedroom units, a front (west) facing 1 bedroom short term rental space or a commercial rental, and a separate (back) 2 bedroom house with an attached garage and a stunning back yard.

The property also features an enormous covered carport that provides tenants with up to 2 parking spots, in-suite laundry in every unit (except the front), and energy-efficient spray foam insulation throughout, which reduces heating costs for tenants with separate meters. The construction is nearing completion, and the property is almost fully tenanted.

With a cooling type of window air conditioner and building exterior finish of stone, siding, and vinyl, this property offers modern amenities and a visually appealing exterior. It is also conveniently located close to the 401 for easy commutes, despite being .8 acres in size in town.

For those interested in living on-site, the property offers the opportunity to be an on-site superintendent, providing a unique living and investment opportunity. This property is currently for sale and offers a unique opportunity for investors looking for a newly built, fully tenanted apartment complex in a convenient location.

Don't miss out on the chance to own this property in a prime location with great potential for rental income and future appreciation.