2559-2573 KEPLER Rd, Mcdonalds Corners, K0H 1M0

Home Overview

Description

First time publicly listed in almost 50 years. Eight (8) residential rental units on 31 acres of land just 10 minutes from Hwy. 401 off of Sydenham Road. Four (4) buildings, each with two 2-bedroom semi-detached units. Electric heat (paid by tenants). One unit has 3 bedrooms and a semi-finished basement with an updated oil tank (TSSA approved). Water is provided by 3 wells (each with separate treatment systems) and 4 septic systems (wells and septic systems fully tested/inspected in the last year). Newer breaker panels, hot water tanks, heaters, lights, switches/plugs, water treatment in three of the units, and numerous other improvements. One unit is fully renovated. Cash positive with 20% down (contact listing agent for financials). Possible VTB for downpayment. Significant lift opportunity with turnover and further improvements. Great investment opportunity or owner occupied with income/family compound. Walking distance to Loughborough Drive and a short drive to Kingston.

5 months

On Market

Multiplex

Property Type

$8,995 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

51-99

Years Old