INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.0% 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. Property being sold as-is, where-is. Contact for more details!
Address
1675 Dunning Road
List Price
$1,599,900
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Orleans - Cumberland and Area
Sub-Area
1116 - Cumberland West
Region
Ottawa
Lot Size Source
MPAC
Lot Depth
217.05
Lot Type
Building
Lot Size Units
Feet
Lot Width
518.91
Parcel Number
145400007
Total Building Area
20.37
Occupant Type
Tenant
Cross Street
Dunning Road and Willhaven Drive
MLS® Number
X13449792
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K4C 1L7
Posession Details
TBD
Tax Amount
$6,551.29
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Propane Gas
Cooling Features
Partial
Garage Type
Other
Sewer
Septic
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