$774,900
Augusta
County Road 15 Road, Augusta, Ontario, K6V5T2
This multi-family property in Augusta is for sale offering roughly 2,750 sq ft of space. It has been on the market 79 days, fresher than the Augusta average of 90 days.
4751-4765 County Road 15: This property offers a rare blend of independence and connection---THREE separate homes on one parcel, each with its own character and privacy. This property is different --whether considering this purchase as an investor (3 income streams) OR a multi-generational purchaser (families living together) OR owner-occupier/investor; (live in one unit, rent other 2) OR extended/ blended family OR the investor looking for an established income property (existing occupancy) - this is a rare investment opportunity unlike any other. 4751-4759-4765 County Road 15 are being offered together as a unique three-home package--essentially a private residential complex. These properties must be sold as one, as they share a single well and septic system.The offering includes three meticulously maintained bungalows, each featuring 2 bedrooms, 1 bathroom, vinyl siding, metal roofs, upgraded electrical, and full (unfinished) basements. All homes are currently tenanted on month-to-month leases, providing immediate income potential. Set on 1.55 acres in the Village of Algonquin, this property offers incredible flexibility. The homes are well cared for by tenants who treat them with pride of ownership. Units 4751 & 4765 includes appliances.(4759 owns theirs) Please note: tenant-owned items such as sheds, gazebos, and hot tubs are excluded.#4765 features an attached garage, propane gas appliance and is the only unit with central air conditioning. All homes are heated with propane and include enclosed front porches, along with ample parking for residents and guests.Conveniently located just minutes from the 401, offering easy commuting access while still enjoying a peaceful village setting.Opportunities like this are seldom available-don't miss your chance to own a versatile, income-generating property with exceptional flexibility and long-term potential. Qualified buyers will receive a package with income details & property details. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 90 days across the listings currently for sale in this city
This 6-bed multi-family in Augusta has been listed for 79 days, which is 11 days fresher than the city average of 90. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $774,900, about 11.3× the local median household income of $68,500.
Carrying it typically needs a household income of about $151,365 (20% down, 25-yr amortization, stress-tested) — roughly 121% above the area median.
Source: Statistics Canada, 2021 Census (FSA K6V)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.