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    For Sale - 117 Drummond Street, Merrickville-Wolford, Ontario

    Est payment $8,403/mo
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    Views   3
    Time on Jump  113 day

    AI Summary *

    • Multi-residential investment with five modern, spacious two-bedroom apartments.
    • Located in charming Merrickville, close to shops, dining, and the Rideau Canal.
    • Thoughtfully designed for tenant comfort with quality finishes and open-concept layouts.
    • Most units feature private balconies, enhancing outdoor living space for residents.
    • Recent construction ensures low maintenance, allowing focus on income generation.




    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.
    Listing IDX13458784
    Address117 Drummond Street
    CityMerrickville-Wolford, Ontario
    Price$1,750,000
    Bed / Bath10 / 5 Full
    Style3-Storey, Multiplex
    ConstructionAluminum Siding, Brick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Auto Garage Door Remote, Carpet Free, On Demand Water Heater, Primary Bedroom - Main FloorOutdoor Features Controlled Entry, LandscapedOwnership FreeholdViews CityWaterfront NoneBasement NoneFoundation ConcreteHeating / Cooling Forced AirHeating Fuel PropaneSewer Sewer

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    Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    117 Drummond Street
    Merrickville-Wolford , Ontario
    10 5 $1,750,000
    Get more info