1675 Dunning Road, Orleans - Cumberland and Area, ON K4C 1L7
Orleans - Cumberland and Area , K4C 1L7
$1,599,900.00
19 Bedrooms
11 Bathrooms
Residential Freehold
Property Details
| MLS Number | X13449798 |
| Property Type | Residential Freehold |
| City | Orleans - Cumberland and Area |
| City Region | 1116 - Cumberland West |
| Postal Code | K4C 1L7 |
| Cross Street | Dunning Road and Willhaven Drive |
| Street Number | 1675 |
| Street Name | Dunning |
| Lot Width | 518.91 ft |
| Lot Depth | 217.05 ft |
| Bedrooms | 19 |
| Bathrooms | 11 |
| Annual Tax | $6,551.29 |
| Sewer | Septic |
| Occupant Type | Tenant |
Description
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.0% CAP RATE with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Vendor Take-Back (VTB) financing available. Contact for more details!
Selvan Puvaneswaranathan
Broker — REMAX Crossroads