For Sale

11 Private Road, Marmora and Lake, Ontario K0K 2M0

$1,100,000

11 Private Road, Marmora and Lake, Ontario K0K 2M0 is For Sale and has a listing price of 1,100,000. The property is located in the Marmora and Lake . It's been on the website for 106 Days.

  • Investment
    Property Type
  • MLS ID: X12017977
  • Office Name ROYAL LEPAGE PROALLIANCE REALTY
Property Description

Prime Investment Opportunity Fully Occupied 8-Plex! Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property’s long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential.

Property Details
  • MLS ID: X12017977
  • Price: $1,100,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12017977
  • Year Built: N/A
  • Dir / Cross St: Deloro St & Private Rd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/13/2025 X12017977 $1,175,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Marmora and Lake
  • $618,021 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 100 Median Days on Market
    based on 1 year
  • List vs. Selling Price 112.69 % Up
  • Sold (12mo) 28
  • Rented (12mo) 3

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Water Radiators
  • Garage Type Y
  • Taxes: $6,650
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 13/03/2025 19:28:31
Want to see this property?