8350 County Road 15

Nestled in the charming village of North Augusta, this Multi-Family Home for sale in Augusta presents an exciting investment opportunity that you simply cannot overlook. Located at 8350 County Road 15, Augusta, this property boasts a generous expanse of over one acre, making it a rare find in this picturesque area. With six fully renovated rental units and an impressive detached garage, this multiplex offers incredible flexibility for any investor or homeowner looking to make the most of their property.

The building itself, styled as a 1 1/2 storey multiplex, features a robust exterior of metal and steel siding, ensuring both durability and a modern aesthetic. Each of the six rental units is equipped with essential appliances, providing a hassle-free living experience for tenants. While most units feature a cosy propane fireplace—perfect for those chilly evenings—unit six does not include this amenity. Furthermore, all units, except for unit four, come with their own porch, offering a lovely outdoor space for relaxation.

One of the standout features of this Multi-Family Home for sale in Augusta is the separate utility room, which houses a generator. This thoughtful addition guarantees that power is maintained for all six units and the garage, eliminating concerns about outages. The property also benefits from modern upgrades, including two brand-new septic systems and a freshly paved driveway, ensuring that everything is in tip-top shape for its new owner.

In terms of layout, this property is designed for maximum efficiency, with a total of 29 rooms across the six units. Each rental includes two parking spots, a locker, and covers heating and hydro, making it an attractive proposition for potential tenants. The rental income potential is impressive, with monthly rents ranging from £525 for a bachelor unit to £1,950 for larger apartments. In total, the property generates a substantial income of approximately £10,788.46 per month, translating to an annual income of £129,461.52.

The financials are equally compelling, with a net income of around £88,723.52 per year, equating to approximately £7,393.00 per month after expenses. With taxes at £8,100.00, insurance at £7,400.00, heating costs of £7,348.00, and electricity expenses totalling £17,890.00, this property presents a solid investment opportunity with a strong return.

The garage space, measuring an impressive 2,260 square feet, is another fantastic feature of this Multi-Family Home for sale in Augusta. It is a versatile space that can be used for equipment storage or as a workshop, catering to a variety of needs. Whether you’re looking to store tools, run a small business, or simply need extra space, this garage is a significant asset.

Located conveniently close to major routes, including a short drive to Brockville, Highway 401, Kemptville, Merrickville, and Ottawa, the property at 8350 County Road 15, Augusta, is perfectly positioned for easy access to both urban amenities and the tranquillity of rural living. The community of 809 - Augusta Twp offers a peaceful environment while still being within reach of bustling city life.

In conclusion, this Multi-Family Home for sale in Augusta is a rare gem that combines comfort, security, and long-term potential. With its six renovated units, detached garage, and modern amenities, it is an ideal investment for anyone looking to enter the rental market or expand their property portfolio. Don’t miss out on this incredible opportunity at 8350 County Road 15, Augusta—where your investment dreams can become a reality!

Augusta Township, located within the city of Augusta, offers a charming blend of rural tranquillity and convenient access to urban amenities. Nestled in a picturesque landscape, the township features lush green spaces, scenic waterways, and a welcoming atmosphere that invites outdoor activities and leisurely strolls. Residents can enjoy a close-knit environment while benefiting from the nearby city’s services and facilities. With a rich history and a strong sense of local identity, Augusta Township is an ideal place for those seeking a peaceful lifestyle without sacrificing the conveniences of modern living.