437 COUNTY RD 34
Cottam
N8M 2X5
$950,000
Multi-family
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 26019486
- Photos (37)
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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:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Zoning:
- RURAL RES
- Exterior Features:
- Concrete, Aluminum/Vinyl
- Structure Type:
- Multi-Family
- Cooling:
- Central air conditioning
- Fireplace:
- No
- Floor finish:
- Ceramic/Porcelain, Cushion/Lino/Vinyl
- Foundation:
- Block, Concrete
- Heating:
- Natural gas, Ductless, Furnace
- # Storeys:
- 1.0
- Sewer:
- Septic System
- Lot Details:
- IRREG. X 568 FT / 1.111 AC
- Parking:
- Other
- Floor
- Type
- Size
- Other
- Lower level
- Laundry room
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- Bedroom
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- Bedroom
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- Kitchen
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- Main level
- Living room
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- Other
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- Other
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- Main level
- Other
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- Main level
- Other
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- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 4
- Main level
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- 4
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Listed by REMAX CAPITAL DIAMOND REALTY
Data was last updated August 16, 2026 at 12:45 AM (UTC)
- DORIS LAPICO
- Doris + Co. Real Estate
- 519-796-0104
- [email protected]
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