3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
3246 County Road 2 RD, Otonabee-south Monaghan, ON K0L 2G0
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Tara Ghadery

Tara Ghadery

+1(416) 844-0918
$ 1,350,000
Est. payment | /mo

9 Beds

8 Baths

1.02 Acres Lot

Save
$ 1,350,000
Est. payment | /mo
Save

9 Beds

8 Baths

1.02 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Otonabee-South Monaghan

MLS Listing ID X14115942

Style 2-Storey

Bedrooms 9

Annual Tax Amount $8,058

Tax Year 2026

Lot Size 1.020 Acres

Property Sub-Type Multiplex

Property Description

This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.

Location

Province ON

County Peterborough

Area Peterborough

Rooms

Family Room Yes

Basement None

Kitchen 5

Interior

Interior Features Storage

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Triple, Private

Pool None

Roof Type Flat

Lot Frontage 192.0

Lot Depth 223.0

Total Parking Spaces 12

Building

Building Age 100+

Foundation Poured Concrete

Others

ParcelsYN No

Listed by Royal Service Real Estate Inc.

Nearby Locations

Tara Ghadery

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 844-0918

tara.ghadery@theagencyre.com

378 Fairlawn Ave, Toronto, ON M5M 1T8, CAN

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3246 County Road 2 RD