Address
117 Drummond Street W, Merrickville-Wolford, ON
Price
$ 1,999,999

Your Agent

Penelope Routier

Sales Representative

613-704-3063


Listing provided by Penelope Routier, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13458784
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityMerrickville-Wolford
  • CityMerrickville-Wolford
  • Area804 - Merrickville
  • Neighbourhood804 - Merrickville
  • Postal CodeK0G 1N0
  • Style
  • Price$ 1,999,999
  • Bedrooms10
  • Bathrooms5
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario's most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building's low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects. (id:7434)

General Features

Features Carpet Free
Property Type Multi-family
Zoning Description R1
CommunityName 804 - Merrickville
Building Age 0 to 5 years
Building Appliances Garage door opener remote(s), Water Heater - Tankless, Water meter, Dryer, Oven, Washer, Refrigerator
Building Cooling Type Central air conditioning
Location Description Cross Streets: St John Street. ** Directions: From Stl Lawrence turn onto Dummond W.
Parking Space Total 10
Foundation Type Concrete
Building Type Other
Building.StoriesTotal 3

Interior Features

Building Fireplace Present True
Building Heating Type Forced air
Building Heating Fuel Propane
Basement Type None
Living Area Range 5000
Bedrooms 10

Exterior Features

ViewType City view
Landscape Features Landscaped
Sewer Sanitary sewer
Exterior Finish Aluminum siding, Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K0G 1N0

Price
AVG $1.35M
$2M

Your Agent

Penelope Routier

Sales Representative

613-704-3063


Listing provided by Penelope Routier, Sales Representative, REMAX Hallmark Realty Group

Listed By
RE/MAX HALLMARK REALTY GROUP

Areas We Cover