ONLeeds and GrenvilleAugusta8350 County Road 15 Road
8350 County Road 15 Road
Interior view
Interior view
50
Sold
Multiplex

8350 County Road 15 Road

Augusta, ON, K0G 1R0

Multiplex
Area
5000 + sq.ft
Bed
6
Bedrooms
Bath
6
Bathrooms
Parking
30
Single Garage
Sold

Property Description

Original Remarks

Exciting investment opportunity in the quaint village of North Augusta! Situated on over 1 acre of land, this property offers 6 fully renovated rental units plus a large garage space, perfect for storage or workshop---a rare find with incredible flexibility. Prime Location: Only a short drive to Brockville, Highway 401, Kemptville, Merrickville, and Ottawa. Renovated Units: Each apartment comes with appliances, outdoor storage, and its own porch (except unit 4). All but one include a propane fireplace (except unit 6) for cozy comfort. Peace of Mind: A separate utility room houses a generator that keeps power running for all 6 units and the garage - no outages to worry about. Modern Upgrades: Two brand-new septic systems and a paved driveway are already completed. Income-turnkey: Live in one unit while rental income helps pay the mortgage. Versatile Garage: A large, heated space ideal for equipment storage or a workshop. Opportunities like this are rare: a turnkey income property with built-in security, comfort, and long-term potential. Rentals all include 2 parking spots, 1 locker, heat and hydro. #1 - $525.00 (bachelor) / #2 - 1950.00 / #3 - 1800.00 / #4 - 1103.16 / #5 - 1600.00 / #6 - 1550.00 / Garage is 2260.00 = 10,788.46 per month = 129,461.52 for the year ---------- Taxes - $8100.00 / Insurance - $7400.00 / Heating - $7348.00 / Electricity - $17,890.00 = 40,738.00 ---------------- NET INCOME is $ 88,723.52 divided by 12 net per month is approx. 7393.00 per month with current rents

PROPERTY HISTORY

8350 County Road 15 Road

Type:Multiplex
Style:1 1/2 Storey
Size Range:5000 +
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12434507
Community:809 - Augusta Twp
Days on Market:-
Year Built:-
Age range:51-99
Basement:None
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$10,330/yr (2024)
Municipality:Augusta
Lot Size:1.1 Feet

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