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48 Morgan Cloutier Way Arnprior, Ontario K7S 0H9

Baseboard Heaters

$14,500,000

Attention Investors! To be newly constructed 60-Unit building within a new housing subdivision in the town of Arnprior. Incredible income producing property currently under construction, will be 100% complete on closing! 4-storey, 60-unit building. Built by a QUALITY BUILDER with a successful portfolio. Immediate cash flow. Conveniently located in this growing community with proximity to Canada's Capital Region, Ottawa Is 45 minutes away! Efficient electric baseboard heating system. All exterior walls spray foam insulated! ERV's (energy recovery) in each unit, 1 hydro meter (hydro is included), ELEVATOR, 75 parking spots incl. disabled, 40-year fiberglass shingles. Income generating laundry facilities with coinamatic card operated machines. Located a short distance to schools, grocery stores, shopping, the Arnprior hospital, and both the Madawaska & Ottawa rivers. Great community for retirees with a slower pace to life! Expenses are estimated based on similar completed buildings. (id:47153)

Property Details

MLS® Number 1296155
Property Type Multi-family
Neigbourhood Arnprior
Parking Space Total 75

Building

Constructed Date 2022
Exterior Finish Stone, Siding
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 4
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 195 Ft ,3 In
Size Irregular 195.28 Ft X 0 Ft (irregular Lot)
Size Total Text 195.28 Ft X 0 Ft (irregular Lot)
Zoning Description R4

https://www.realtor.ca/real-estate/24492089/48-morgan-cloutier-way-arnprior-arnprior

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