142 Ewart Avenue, Drummond/North Elmsley, ON Image 1

$1,450,000

Investment For Sale
MLS - #X12279382
13 hours ago- By EXP REALTY

142 Ewart Avenue, Drummond/North Elmsley, ON K7H 0J9

Bed
Bath
1 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

1 Sqft

About 142 Ewart Avenue

Exceptional opportunity to own a purpose-built investment property featuring four fully tenanted row units, a separate loft apartment, and a vacant commercial shop all situated on a spacious 1-acre lot. Each of the four row units offers a well-designed 2-bedroom, 1-bathroom layout with 900 sqft of living space, radiant in-floor heating in the bathroom, forced air heating, central air conditioning, and porcelain tile flooring throughout. All units are insulated with R-30, feature treated front and back porches, and are constructed with brick exteriors, a steel roof, and slab-on-grade concrete foundation. Each unit also includes backup power, a 10x22 shed (with one upgraded Amish shed in Unit 142 for higher rent), and two dedicated parking spaces. The 1-bedroom loft apartment spans 550 sqft and includes a full bathroom, automatic backup power, and the same durable finishes as the main units. It's attached to a 740 sqft commercial shop with 10 ceilings, a separate electrical panel, and shared propane-fired water heating with the loft. All units share a large-capacity well with UV filtration located in Unit 142. Appliances such as fridges and stoves are tenant-owned, while washer/dryer/dishwasher maintenance has been made the responsibility of tenants in all units except the loft, as outlined in signed lease agreements.The landlord currently covers snow removal, lawn care, septic maintenance, property insurance, and general property maintenance. With solid construction, reliable tenants, and excellent long-term value, this property is a standout investment opportunity.

Home Overview

Last updated

13 hours ago

Virtual tour

None

Basement information

Building size

1

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
145000000.0%
Higher than average

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Walk Score for 142 Ewart Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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