This is an investor's dream! This unique 5-unit investment property checks all the boxes. It's completely updated, totally turnkey, low maintenance & already producing excellent cash flow with a strong, high-calibre tenant profile, plus the seller is open to a vendor take back mortgage. Situated on 1. 1+ acres, this fully occupied property offers a smart mix of 1 x 2br unit + 4 studio units, ideal for mid-to-long-term rentals. A massive 2024 renovation transformed the property from top to bottom, including brand new electrical, plumbing, waterproofing, framing, drywall, hvac, roof, windows, siding & an oversized septic system, giving investors peace of mind with major capital improvements already completed. On-site laundry adds convenience for tenants & another practical feature. Short term vacation rental eligibility: the town has confirmed this property is most likely eligible for short term vacation rental use, opening the door to nightly & weekly vacation rental income across all five units, or a hybrid model pairing long-term tenancies with seasonal short-term bookings. There may also be potential for the addition of further units for an investor looking to maximize the site. (buyer to verify stvr licensing, zoning & all permitted uses.) turnkey, cash flowing, extensively renovated & designed for easy ownership, plus the seller is willing to consider a vtb mortgage for a well-qualified buyer. Opportunities like this are hard to find! Reach out today for complete income & expense information and to discuss adding this exceptional property to your portfolio. (id:4555)
Property Specs
Listing ID26019486
Address437 COUNTY RD 34
CityCottam, ON
Price$950,000
ConstructionAluminum/Vinyl, Concrete
FlooringCeramic/Porcelain, Cushion/Lino/Vinyl
Land SizeIRREG. X 568 FT / 1.111 AC
TypeMulti-Family
StatusFor sale
Extended Features
EquipmentWater Heater - GasOwnershipFreeholdRental EquipmentWater Heater - GasCoolingCentral air conditioningFoundationBlock, ConcreteHeatingDuctless, FurnaceHeating FuelNatural gasDate Listed2026-08-14 16:01:00Days on Market5