437 County Rd 34, Cottam ON

About 437 County Rd 34

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:56071). Get more information on 437 County Rd 34

Property Features

Rental Equipment:  Water Heater - Gas
Directions:  COUNTY RD 34 BETWEEN ESSEX AND NORTH RIDGE (MALDEN RD AND CAMERON SIDE RD W)
Zoning Description:  RURAL RES
Lot (Approximate):  IRREG. X 568 FT / 1.111 AC|1 - 1.99 acres IRREG. X 568 FT / 1.111 AC
Exterior Finish:  Aluminum/Vinyl, Concrete
Flooring:  Ceramic/Porcelain, Cushion/Lino/Vinyl
Water:  , Septic System
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate): 
Foundation: Block, Concrete
Basement:  

Rooms & Sizes

(Approximate)

Laundry room Lower level Measurements not available	4pc Bathroom Main level Measurements not available	Bedroom Main level Measurements not available
Bedroom Main level Measurements not available	Kitchen Main level Measurements not available	Living room Main level Measurements not available
4pc Bathroom Main level Measurements not available	Other Main level Measurements not available	4pc Bathroom Main level Measurements not available
Other Main level Measurements not available	4pc Bathroom Main level Measurements not available	Other Main level Measurements not available
4pc Bathroom Main level Measurements not available	Other Main level Measurements not available