income properties

NEW PRICE - COMMERCIAL INVESTMENT

WELL-LOCATED PERTH 4-PLEX

$965,000. Commercial building offers 6,000 S/F main level space plus 1,200 S/F upper level and det garage. Front restaurant tenanted, 1,400 S/F back area houses the owner’s wine making business leaving approx 2,000 S/F available for additional use. John** and Brenda* Gray, 613-868-6068. 613-868-6068 www.The ConnectionsTeam.ca

NEW LISTING - PERTH 12-UNITS

$989,900. 4-Plex in the historic retirement town of Perth. All tenants pay their own Hydro & heat (electric baseboard). Over 40% of Perth residents are retired & more & more retirees are moving to Perth from all over Ontario. These retirees make excellent tenants & this is an excellent rental market. On a quiet street with an upscale atmosphere yet just 3 blocks to Stewart Park with a multitude of yearly festivals, 2 blocks to the Tay Canal which flows into the World Heritage Site Rideau Canal, 1½ blocks to the main business street, 8 blocks to the oldest golf course in Canada - the Links O’ Tay golf course. Perth has been voted the prettiest town in Ontario many times, Perth is halfway between Ottawa & Kingston. Units A & B & D have washer & dryer hook-up. Unit 1A - $1,600 - 2 bdrm (upper level). Unit 2B - $1,500 - 1 bdrm + den (main level). Unit 3C - $1,200 - 1 bdrm (upper level). Unit 4D - $1,400- 1 bdrm (main level). Unit 3C tenant has given notice for May 2023 & the rent can be increased in this unit to $1,400. Cash cow. MLS# 1332949. Brad Closs**, 613-200-1000.

$1,200,000. 12 Apartments, 3 four-plexes on one lot in the historic retirement town of Perth. All tenants pay their own hydro & heat, all units have electric baseboard heat except for one which has a forced-air gas furnace. Tremendous upside potential in the rental income with the average rent being $795/month, on a quiet part of prestigious Drummond St., yet close to all the amenities of the business section. Over 40% of Perth residents are retired & more & more retirees are moving to Perth from all over Ontario. These retired people make excellent tenants & this is an excellent rental market. Three blocks to Stewart Park w/multitude of yearly festivals, 2 blocks to the Tay Canal which flows into the World Heritage Site Rideau Canal,1 block to the main business street of Perth,10 blocks to the oldest golf course in Canada. Coin-operated washer & dryer in one building. Perth has been voted the prettiest town in Ontario many times. Perth is halfway between Ottawa & Kingston. Cash cow. MLS# 1328788. Brad Closs**, 613-200-1000.

Hallmark Realty Group - 613-236-5959

Hallmark Realty Group - 613-236-5959 www.bradcloss.com

BROCKVILLE 8-UNIT

$1,499,900. Circa 1854 stone 8-unit in the heart of all the activities in historic central downtown Perth. High visibility and high traffic location in a high traffic heritage tourist town, 6 apts and 2 retail spaces consisting of five 2 bedrm apts, 1 bachelor apt and 2 street level retail units. One block to the Tay Canal which flows into the World Heritage Site Rideau Canal, 2 blocks to Stewart Park, the wedding capital park of Ontario with a multitude of yearly festivals. Tremendous upside potential in the rental income with the totally renovated apts being grossly under rented. Close to the oldest golf course in Canada - The Links O’Tay Golf Course, 2 blocks to the Best Western hotel. Large units with unique layouts, income generating washer and dryer, very high walk score being close to all the amenities like retail stores, restaurants and banks. Perth also has one of the best hospitals in Ontario located a few blocks from downtown. 40% of Perth residents are retired and these retirees make excellent tenants. MLS# 1341968. MLS# 1341968. Brad Closs**, 613-200-1000.

Hallmark Realty Group - 613-236-5959 www.bradcloss.com

$1,150,000. Circa 1875 stone 8-unit in the heart of all the activities in historic downtown Brockville, one block from city centre on major thoroughfare, high visibility and heavy traffic area, consisting of five large 2 bdrm apts on the 2nd and 3rd floors and 3 leased street level retail units. Close to many retail stores and restaurants, 2 blocks from the St. Lawrence River, free downtown parking, breaker panels, forced air gas heating, tenants pay hydro and water, 40x111.5’ lot. Since Jan. 2020 major repairs and renovations to the heating system (boilers, pipes, radiators), roof, building exterior and common areas, electrical. Complete renovations to 3 apts including appliances, floors, kitchen cabinets, baths, water heaters, lighting, painting, reconfiguration of floor plan in one apt, renovation of one commercial unit, including new floor, ceiling, paint, great upside potential in the rental income with 2 apts at $822 and $810, should be $1500. MLS# 1307658. Brad Closs**, 613-200-1000.