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$1,399,000

1429 Meadow Drive Greely, Ontario K4P 1B1

1429 Meadow Drive, Greely, Ontario  K4P 1B1 - Photo 1 - 1274684
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1429 Meadow Drive Greely, Ontario K4P 1B1

5 Bedroom 3 Bathroom
Fireplace Central Air Conditioning Baseboard Heaters, Heat Pump

Great low-maintenance investment opportunity! Beautifully renovated multifaceted income property that provides multiple avenues for income generation. This fully tenanted property features 2 residential units, a garage rental and quonset that sit on a huge 1.1 acre parcel of land in the beautiful town of Greely. The main house features a 4bd unit (A) grossing $2345 and a 1 bedroom unit (B) grossing $1640. Additional sources of income include the insulated 3 bay garage at $1130 and a commercial-grade insulated Quonset rented at $1921. Producing a cap rate of just over 4%. VM-3 zoning allows for even more potential with a plethora of permitted uses. Conveniently located close to amenities, schools and parks.The perfect property to broaden your investment portfolio. (id:42482)

Enquire about 1429 Meadow Drive, Greely, Ontario K4P 1B1

    Property Details

    Property Details for 1429 Meadow Drive, Greely, Ontario K4P 1B1

    MLS® Number 1274684
    Property Type Single Family
    Neighbourhood Greely
    Amenities Nearby Recreation Nearby, Shopping
    Parking Space Total 10

    Building

    Building details for 1429 MEADOW DRIVE, Greely, Ontario K4P 1B1
    Bathroom Total 3
    Bedrooms Above Ground 5
    Bedrooms Total 5
    Appliances Refrigerator, Dishwasher, Dryer, Stove, Washer
    Basement Development Not Applicable
    Basement Type Crawl Space (not Applicable)
    Constructed Date 1875
    Construction Style Attachment Detached
    Cooling Type Central Air Conditioning
    Exterior Finish Brick, Siding
    Fireplace Present Yes
    Fireplace Total 1
    Flooring Type Wall-to-wall Carpet, Hardwood, Tile
    Foundation Type Poured Concrete, Stone
    Heating Fuel Natural Gas
    Heating Type Baseboard Heaters, Heat Pump
    Stories Total 2
    Type House
    Utility Water Drilled Well

    Parking

    Detached Garage

    Land

    Acreage No
    Land Amenities Recreation Nearby, Shopping
    Sewer Septic System
    Size Frontage 184 Ft ,11 In
    Size Irregular 184.95 Ft X 0 Ft (irregular Lot)
    Size Total Text 184.95 Ft X 0 Ft (irregular Lot)
    Zoning Description Vm3

    Rooms

    Level Type Dimensions
    Second Level Dining Room 13'11" x 7'9"
    Second Level Kitchen 13'11" x 11'9"
    Second Level Primary Bedroom 19'6" x 13'1"
    Second Level Bedroom 11'4" x 10'4"
    Second Level Bedroom 10'3" x 9'5"
    Second Level Bedroom 11'5" x 11'4"
    Second Level Bathroom Measurements not available
    Second Level Bathroom Measurements not available
    Main Level Living Room 20'11" x 20'2"
    Main Level Living Room 19'3" x 10'2"
    Main Level Dining Room 13'8" x 8'6"
    Main Level Kitchen 13'8" x 9'2"
    Main Level Bedroom 15'8" x 13'8"
    Main Level Bathroom Measurements not available

    JP Gauthier
    Salesperson

    (613) 286-2596
    RE/MAX HALLMARK PILON GROUP REALTY
    4366 Innes Road, Unit 201
    Ottawa, Ontario K4A 3W3

    (613) 590-2910
    (613) 590-3079
    www.pilongroup.com

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