ON > The Nation > 616 - Limoges
The Nation, ON K0A 2M0,384 Limoges RD
The Nation, ON K0A 2M0,384 Limoges RD
The Nation, ON K0A 2M0,384 Limoges RD
The Nation, ON K0A 2M0,384 Limoges RD
The Nation, ON K0A 2M0,384 Limoges RD
The Nation, ON K0A 2M0,384 Limoges RD
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Denise Mann

Denise Mann

+1(519) 691-5635
$ 949,900
Est. payment | /mo

9 Beds

4 Baths

Save
$ 949,900
Est. payment | /mo
Save

9 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 616 - Limoges

MLS Listing ID X12230631

Style Bungalow

Bedrooms 9

Annual Tax Amount $6,330

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Investor alert: Cashflow-Positive 4-Plex with Garage on Oversized Lot in Rapidly Growing Limoges! This income-generating 4-plex sits on an impressive 130 ft x 336 ft lot, offering both immediate returns and long-term potential. Located in the thriving community of Limoges, this property is a rare find with RV3-5 zoning, allowing for a wider range of uses than typical residential zoning in the area.The building includes four self-contained units, each with its own laundry a major bonus for tenants. The main level hosts a spacious 3-bedroom unit with a private deck, alongside a 2-bedroom unit with another deck facing the backyard. The lower level features two additional 2-bedroom units, offering strong rental appeal and functional layouts.Units 1 and 3 are currently vacant, giving flexibility for setting new rents or for owner occupancy. Unit 4 will be vacating at the end of October, opening up more options in the near term.The detached garage is divided into two sections: the front portion is rented month-to-month at $495, complete with its own hydro meter, gas furnace, LED lighting, and garage door opener. The rear portion is used for storage by the owners additional untapped value.Hydro setup includes three meters: one for the garage, and two for the residential portion of the building.Limoges is a growing, commuter-friendly town just minutes from Highway 417, Calypso Waterpark, and Larose Forest. This property is already cashflow-positive, with opportunities to increase income and expand value over time.

Location

Province ON

County Prescott And Russell

Community 616 - Limoges

Area Prescott And Russell

Rooms

Family Room No

Basement Finished, Full

Kitchen 4

Separate Den/Office 4

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Deck

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 129.92

Lot Depth 366.8

Total Parking Spaces 16

Building

Unit Features School Bus Route

Foundation Concrete

Listed by EXP REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(519) 691-5635

denise.mann@exprealty.com

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384 Limoges RD