Mirna Botros
613-600-2626384 Limoges Road - $949,900
384 Limoges Road - $949,900
384 Limoges Road
$949,900
616 - Limoges
The Nation, OntarioK0A2M0
9 beds
4 baths
16 parking
MLS#: X12230631Listed: about 15 hours agoUpdated:about 15 hours ago
Description
Investor alert: Cashflow-Positive 4-Plex with Garage on Oversized Lot in Rapidly Growing Limoges! This income-generating 4-plex sits on an impressive 130 ft x 336 ft lot, offering both immediate returns and long-term potential. Located in the thriving community of Limoges, this property is a rare find with RV3-5 zoning, allowing for a wider range of uses than typical residential zoning in the area.The building includes four self-contained units, each with its own laundry a major bonus for tenants. The main level hosts a spacious 3-bedroom unit with a private deck, alongside a 2-bedroom unit with another deck facing the backyard. The lower level features two additional 2-bedroom units, offering strong rental appeal and functional layouts.Units 1 and 3 are currently vacant, giving flexibility for setting new rents or for owner occupancy. Unit 4 will be vacating at the end of October, opening up more options in the near term.The detached garage is divided into two sections: the front portion is rented month-to-month at $495, complete with its own hydro meter, gas furnace, LED lighting, and garage door opener. The rear portion is used for storage by the owners additional untapped value.Hydro setup includes three meters: one for the garage, and two for the residential portion of the building.Limoges is a growing, commuter-friendly town just minutes from Highway 417, Calypso Waterpark, and Larose Forest. This property is already cashflow-positive, with opportunities to increase income and expand value over time. (id:58075)Details
Details for 384 Limoges Road, The Nation, Ontario- Property Type
- Multi Family
- Building Type
- Other
- Storeys
- 1
- Neighborhood
- 616 - Limoges
- Land Size
- 129.9 x 366.8 FT
- Year Built
- -
- Annual Property Taxes
- $6,330
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- 9
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Finished, Full
Building
- Architecture Style
- Bungalow
- Direction
- Limoges Road and Savage Street
- Type of Dwelling
- other
- Roof
- -
- Exterior
- Brick
- Foundation
- Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 129.9 x 366.8 FT
- Zoning
- -
- Zoning Description
- RV3-5
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 16
Utilities
- Cooling
- -
- Heating
- Baseboard heaters, Electric
- Water
- Municipal water
Feature Highlights
- Community
- School Bus
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 384 Limoges Road, The Nation, OntarioMap
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