38-40 Queen Street

North Stormont, ON K0A1R0

About this property

A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find! (id:13843)

About this property

A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find! (id:13843)

Features and Additional Information

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$1,589,000 Active
5,000 sqft

Presented By Trevor Docherty, Broker/Owner

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Get in touch today! Phone: 1-705-787-5060
Brokerage
EXIT REALTY MATRIX
1-613-443-4300
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Area Information

| County |

$ 1,589,000
This listing is play_arrow 167.5% higher than the average in the area
$ 594,000 in the area
5,000 SqFt
This listing is play_arrow 233.3% larger than the average in the area
1,500 SqFt in the area
$ 318 $/SqFt
This listing is play_arrow 19.7% less than the average in the area
$ 396 $/SqFt in the area
46 days on site
This listing is play_arrow 4500.0% above the average in the area
1 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By David Tessier
Brokerage: EXIT REALTY MATRIX

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