
Frontenac, ON K0H 2W0
Welcome to 6688 Highway 38, right in the heart of Verona. This is a great opportunity to pick up a 6-unit building with immediate cash flow and real upside.Located just 20 minutes north of Kingston, this property sits in a growing area with strong rental demand. The building consists of five 1-bedroom units and one bachelor. Five units are currently rented, with one owner-occupied, giving you the option to move in or set your own rent.Sitting on a large lot directly on Highway 38, there's a detached garage/storage building and plenty of parking at the back. Some of the units even have water views, which is a nice bonus for tenants.Buildings like this don't come up often-especially ones that are already operating but still have room for improvement. It's priced with the current condition in mind, so there's a solid opportunity here for the right buyer.
TRREB MLS® Attribution
MLS® X13223902
Listed by REVEL REALTY INC., BROKERAGE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,925
/month · $479,200 mortgage
Amortization
Total Interest
$398,299
Total Cost
$877,499
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
REVEL REALTY INC., BROKERAGE