1.02 Acres - 5 Residential, 4 Office, 2 Retail More Photos

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    For Sale - 3246 County Road 2 Road, Otonabee-South Monaghan, Ontario

    Est payment $6,483/mo
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    Time on Jump  1 days

    AI Summary *

    • Five rented apartments generate $91,740 in annual rental income.
    • Four vacant offices and two retail spaces offer leasing or reconfiguration options.
    • Unused land measuring approximately 66 by 223 feet offers development potential under LC6 zoning.
    • Ample parking, streamlined utilities, and low property taxes support ownership.
    • Vacant commercial spaces offer estimated annual income of $43,200 or more.




    5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All commercial spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per lc6 zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities.
    Listing IDX14117642
    Address3246 County Road 2 Road
    CityOtonabee-South Monaghan, Ontario
    Price$1,350,000
    Bath8 Full
    StyleInvestment
    Land Size1.02
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Hot Water

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    Listing Brokerage: Royal Service Real Estate Inc.

    * 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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    3246 County Road 2 Road
    Otonabee-South Monaghan , Ontario
    8 $1,350,000
    Get more info