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117 Drummond Street W Merrickville-Wolford, Ontario K0G 1N0

10 Bedroom 5 Bathroom 5000 - 100000 sqft
Fireplace Central Air Conditioning Forced Air Landscaped

$2,200,000

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:59524)

Property Details

MLS® Number X13458784
Property Type Multi-family
Community Name 804 - Merrickville
Features Carpet Free
ParkingSpaceTotal 10
ViewType City View

Building

BathroomTotal 5
BedroomsAboveGround 10
BedroomsTotal 10
Age 0 To 5 Years
Appliances Garage Door Opener Remote(s), Water Heater - Tankless, Water Meter, Dryer, Oven, Washer, Refrigerator
BasementType None
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding, Brick
FireProtection Controlled Entry
FireplacePresent Yes
FoundationType Concrete
HeatingFuel Propane
HeatingType Forced Air
StoriesTotal 3
SizeInterior 5000 - 100000 Sqft
Type Other
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandscapeFeatures Landscaped
Sewer Sanitary Sewer
SizeDepth 81 Ft ,10 In
SizeFrontage 59 Ft ,2 In
SizeIrregular 59.2 X 81.9 Ft
SizeTotalText 59.2 X 81.9 Ft
ZoningDescription R1

https://www.realtor.ca/real-estate/29919012/117-drummond-street-w-merrickville-wolford-804-merrickville

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