47 photos


$1,749,900
ActiveAbout this Property
- Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 5-Plex, a single family home, and two prefab homes. Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking. Offering a 7.3% CAP rate with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Vendor Take-Back (VTB) financing available. Contact for more details!
Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13025278
Features & Details
Property details of 1675 Dunning Road, Cumberland, ON
Market Insights for Multiplex in Ottawa
Based on 4 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 47 days). Buyers have more negotiating power and time to decide.
New Listings
4
Avg Days on Market
47 days
Avg Price/Sq Ft
$346
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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