$ 1,475,000
4100 Moreland Dixon RD S South Frontenac, ON K0H 1X0
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,475,000
Est. payment /mo
New
4100 Moreland Dixon RD S South Frontenac, ON K0H 1X0
5 Beds
6 Baths
UPDATED:
11/19/2024 06:09 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10430816
Style Bungalow
Bedrooms 5
Tax Year 2024
Property Description
Rural Opportunity - Multi-Unit Property with Residential and Shop. 4100 Moreland-Dixon offers an exceptional investment opportunity just 10 minutes from the 401, north of Kingston, Ontario. This quality-built property by Signature Homes is situated on a 2-acre lot and includes three residential units and one Shop unit, providing remarkable versatility for investors or owner-occupiers. Beautiful rural setting on the edge of Inverary village, the property is close to local services and amenities including Inverary Golf and Country Club, Ken Garrett Memorial Park (28 acres), General Store / LCBO, Canada Post and Home hardware. The front building includes two residential units, a 1-bedroom, 1-bathroom unit and a 2-bedroom, 2-bathroom unit. Both units feature single-car garages and rear decks. The back building includes one residential unit with 2 bedrooms and 2 bathrooms, along with a workshop unit. The workshop features a spacious 1,278 SF garage and three bright offices with soaring ceilings, a 2-piece bathroom, and two 12x12 garage doors. The property is thoughtfully designed with ample parking, radiant in-floor heating, heat pumps in each residential unit, a constant pressure water system, a drilled well, and a new septic system, among other features. The residential units are currently leased at market rents, and the seller is open to leasing back the workshop, offering immediate rental income potential and a 6.5% CAP rate. This is a rare opportunity to acquire a high-quality, income-generating property with tremendous flexibility and excellent access to major transportation routes. Its perfect for an investor or business owner looking to occupy a residential unit while operating out of the workshop. Don't miss out on this unique opportunity. Contact us today to learn more!
Location
State ON
County Frontenac
Zoning UR1-24
Rooms
Family Room No
Basement None
Kitchen 3
Interior
Interior Features Carpet Free, Separate Heating Controls
Cooling Wall Unit(s)
Exterior
Exterior Feature Deck
Garage Other
Garage Spaces 8.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Slab
Listed by ROGERS & TRAINOR COMMERCIAL REALTY INC., BROKERAGE