NewFor Sale

3246 County Road 2 Road
Otonabee-South Monaghan, Peterborough, ON, K0L 2G0

Multiplex
TRREB
MLS® Number: X14115942
Estimated Value
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$1,350,000List Price
9Bedrooms
8Bathrooms
0Garages
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Current valuation for 3246 County Road 2 Road, Otonabee-South Monaghan, ON K0L 2G0. Listed for $1,350,000 on 2026-11-02

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Description

This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.

Features

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Amenities

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Summary

Tax:$8,058.37 / 2026
Listing #:X14115942
Property Type:Multiplex, 2-Storey
Building Age:100+
Size:5000 + feet²
Land Size:192 x 223 | .50-1.99 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:Royal Service Real Estate Inc.

Rooms

Details

Property

Property Type:Multiplex
Style:2-Storey
Community:Otonabee-South Monaghan
Municipality:Peterborough

Building

Size:5000 + feet²
Building Age:100+
Construction:Brick

Inside

Bedrooms:9
Bedrooms Above Grade:9
Bathrooms:8
Bathrooms Detail:2, 2pc Main floor
Bathrooms Detail:1, 3pc Main floor
Bathrooms Detail:1, 4pc Main floor
Bathrooms Detail:1, 2pc Second floor
Bathrooms Detail:3, 4pc Second floor
Kitchens:5
Family Room:Yes
Appliances Included:Storage
Basement:None

Parking

Driveway:Private Triple, Private
Garage Type:None
Garage Spaces:0
Total Parking Spaces:12

Utilities

Cooling:None
Heating Type:Radiant
Heating Fuel:Gas
Utility Sewer:Septic

Land

Cross Street:County Rd 2 & Heritage Line

$1,350,000

List price

3246 County Road 2 Road, Otonabee-South Monaghan – Multiplex for sale