1 John Street

Introducing a remarkable investment opportunity: a Multi-Family Home for sale in South Dundas , located at 1 John Street, South Dundas. This solid, fully occupied multiplex presents an exceptional addition to any real estate portfolio, boasting a strategic location in the heart of the community of 702 - Iroquois. With a well-maintained structure and a history of reliable income, this property is not only a sound investment but also a testament to longevity and care.

This impressive three-storey building features a robust brick exterior and encompasses a total of 30 rooms, including 11 spacious bedrooms and 6 bathrooms. The unit mix is particularly appealing to the local rental market, comprising five generous 2-bedroom apartments and one cosy 1-bedroom apartment, making this Multi-Family Home for sale in South Dundas a highly desirable option for potential tenants. Additionally, the property includes three dens and an extensive kitchen area with six kitchens, alongside two additional kitchens, ensuring ample space for cooking and entertaining.

One of the standout features of this Multi-Family Home for sale in South Dundas is its efficient design, which allows for low landlord overhead. Each unit is equipped with separate hydro and water meters, meaning tenants are responsible for their own utility usage. This arrangement not only simplifies management but also ensures that the landlord is only accountable for common area utilities. The building has a proven track record of being fully occupied by excellent long-term tenants who treat the property with the utmost respect, contributing to its very low vacancy history.

Another attractive aspect of this property is the on-site shared coin-operated laundry facilities. This essential amenity not only enhances the living experience for tenants but also provides an additional revenue stream for the owner, making this Multi-Family Home for sale in South Dundas an even more lucrative investment.

Parking is rarely a concern here, as the property includes eight dedicated parking spaces, a premium feature for a multi-unit building. Tenants will appreciate the convenience of having ample parking, especially in a bustling area like Iroquois. Located at 1 John Street, South Dundas, this property is just a stone's throw away from essential amenities, including shopping, local dining, and schools, ensuring that residents have everything they need within walking distance.

Moreover, the location is commuter-friendly, with quick and easy access to Highway 401, making it ideal for those working in nearby hubs such as Cornwall, Brockville, or Ottawa. The proximity to the scenic Iroquois Beach and the prestigious Iroquois Golf Club adds to the appeal, providing tenants with recreational options just minutes from their doorstep.

While this Multi-Family Home for sale in South Dundas is already an attractive investment, there is also significant potential for increasing income. With a solid structure and a reliable tenant base already in place, the opportunity for wealth appreciation and consistent cash flow is substantial. The building is aged between 31 to 50 years and sits on a generous lot measuring 103 X 140 feet, providing ample space for future enhancements or developments.

It is important to note that this property does not feature a pool, fireplace, or central vacuum system, and it is unfurnished, allowing new owners to personalise the space to their liking. The heating is provided by a baseboard system, and the water is supplied by municipal services, with sewer connections already established.

In conclusion, this Multi-Family Home for sale in South Dundas at 1 John Street, South Dundas, is a prime investment opportunity that should not be overlooked. With its solid construction, reliable income, and strategic location, it represents a secure vehicle for financial growth. Interested parties are encouraged to book a private viewing today, as a 24-hour notice is required for showings. Don't miss out on this exceptional opportunity to enhance your real estate portfolio!

Community 702 - Iroquois, located within the charming municipality of South Dundas, offers a serene and picturesque setting for potential residents. Nestled along the banks of the St. Lawrence River, this quaint community is characterised by its lush landscapes and friendly atmosphere. With a rich history and a strong sense of local pride, Iroquois boasts a variety of amenities, including parks, recreational facilities, and convenient access to essential services. The area is well-connected by road, making it an ideal spot for those seeking a peaceful lifestyle while remaining within reach of larger urban centres. Whether you’re drawn to the natural beauty or the welcoming spirit of the residents, Iroquois presents a delightful opportunity for anyone looking to settle in a tranquil yet vibrant environment.

Schools in the Neighbourhood

This property is conveniently located near two educational institutions that cater to a range of student needs. Iroquois Public School, situated just 0.4 km away, serves grades JK to 6 and is part of the Upper Canada District School Board. This public school offers a French language curriculum and has received a school rating of 5.2, indicating a strong performance in academics and overall student satisfaction. For older students, Seaway District High School is also located 0.4 km from the property, providing education for grades 7 to 12. This secondary school, also under the Upper Canada District School Board, offers a French language program but has a lower school rating of 3.1, suggesting there may be areas for improvement. The close proximity of both schools makes this property an excellent choice for families prioritizing education, as it provides easy access to quality learning environments for children of various ages. Overall, the local schools enhance the appeal of this property, making it an attractive option for potential buyers looking for a family-friendly neighborhood.