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Gananoque,ON K7G 2Y6
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 05 - Gananoque
MLS Listing ID X12423079
Style 2-Storey
Bedrooms 9
Annual Tax Amount $5,872
Tax Year 2024
Property Sub-Type Triplex
Property Description
Great return on investment with this turn key investment opportunity in beautiful Gananoque. When rented at todays "current rent amounts" this investment offers a 8.6% cap rate! This all brick triplex has been recently renovated from top to bottom and offers 3 gorgeous 3 bedroom units, each with full laundry facility and separately metered. The units are large and bright (each over 1200 sq ft) and have brand new kitchens, bathrooms, flooring, doors, trim, windows, updated baseboards and the list goes on. Smartly designed kitchens with quartz counter tops, each with 4 brand new stainless steel appliances, a breakfast bar countertop overhang, and "slow-closer" cabinetry. All 3 bathrooms offer a laundry closet with new full size appliances. A separate utility room in the basement level houses the 3 individual hot water tanks and separate meters. Each unit is set up to pay for its own heat/hydro/water/sewer. The roof was re-shingled in May 2025. Outdoor parking for 5-6 cars and a metal fire-escape to the top floor on the rear of the building. Quick closing is available and no tenants to assume. Opportunity knocks.
Location
Province ON
County Leeds And Grenville
Community 05 - Gananoque
Area Leeds And Grenville
Rooms
Family Room No
Basement Apartment,Full
Kitchen 3
Separate Den/Office 3
Interior
Interior Features Storage,Water Heater Owned
Cooling None
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Lighting
Parking Features Available,Private,Private Triple
Pool None
Roof Type Shingles
Topography Level
Lot Frontage 60.0
Lot Depth 120.8
Total Parking Spaces 5
Building
Building Age 31-50
Unit Features Park,School
Foundation Concrete Block
Others
Security Features Smoke Detector
ParcelsYN No