3246 County Road 2 Road, Otonabee-South Monaghan, ON K0L 2G0

About this residence

This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.

Property details

Property type

Multiplex

Total rooms

35

Garage

None

Parking spaces

12

Annual taxes

$7,765 (2026)

Possession

Flexible

Directions

Hwy 7 to Heritage Line, South to Keene, Turn West, Property On North Side of the Road

Location