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Andrew Ahmed

Executive Homes Realty Inc.

andrew@gta.realestate +1(416) 619-5278

$2,200,000

Est. payment - /mo

10 Beds

5 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 804 - Merrickville

MLS Listing ID X13458784

Style 3-Storey

Bedrooms 10

Annual Tax Amount $14,286

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Leeds And Grenville

Area Leeds And Grenville

Rooms

Family Room No

Basement None

Kitchen 5

Interior

Interior Features Auto Garage Door Remote, Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor

Cooling Central Air

Fireplace Yes

Heat Source Propane

Exterior

Exterior Feature Controlled Entry, Landscaped

Parking Features Private Double

Garage Spaces 4.0

Pool None

Waterfront Description None

View City

Roof Type Asphalt Shingle

Lot Frontage 59.23

Lot Depth 81.87

Total Parking Spaces 10

Building

Building Age 0-5

Foundation Concrete

Others

ParcelsYN Yes

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Listed by RE/MAX HALLMARK REALTY GROUP

117 Drummond ST W Merrickville-wolford, ON K0G 1N0

Andrew Ahmed

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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117 Drummond ST W