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10510

MLS® X13458784

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $14,287
Days Active 6
Lot Size 
Approx. Age 
MLS® Number X13458784

Property Address: 117 Drummond St W, Merrickville, ON, K0G1N0

Average square foot calculated using Size range provided by listing agent.

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. (id:58753)Show Description
MLS® NumberX13458784
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementNone
DrivewayAttached Garage, Garage
Garage Spaces
HeatForced air, Propane
A/CCentral air conditioning

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,400,000

For Sale · 6 days

$2,400,000

MLS® X13458784

7 days ago

Not Sold Yet

June 2026, For Sale for $2,400,000

For Sale · 6 days

$2,400,000

MLS® X13458784

7 days ago

Not Sold Yet

March 2022, Expired for $2,000

Expired · 346 days

$2,000

MLS® 1230109

4 years ago

Canceled on Mar 3, 2022

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