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20 Water St

Water StRideau LakesON, K0G 1E0

5
Beds
4
Baths
-
$XXX,XXX
20 Water St, Rideau Lakes, ON - 1 of 3
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20 Water St, Rideau Lakes, ON - 2 of 3
20 Water St, Rideau Lakes, ON - 3 of 3

Multi unit investment property in the quaint village of Portland with a view and only steps away from Big Rideau Lake. There are two 2-bedroom apartments (one on the main floor and the other upstairs) as well as a vacant attached 1 1/2 storey 1-bedroom apartment, each with separate hydro meters. The 2-bedroom units have long time tenants...

Multi unit investment property in the quaint village of Portland with a view and only steps away from Big Rideau Lake. There are two 2-bedroom apartments (one on the main floor and the other upstairs) as well as a vacant attached 1 1/2 storey 1-bedroom apartment, each with separate hydro meters. The 2-bedroom units have long time tenants in them that pay their own utilities. One car outdoor parking space for each unit. Metal roof was put on in 2007. Hanna Park / Big Rideau Lake is right across the road and the Portland beach and marina are a very short walk. Walking distance to all village amenities such as the bank (RBC), post office, liquor store, grocery store, community centre, church etc. Contact the listing Brokers for a break down of the current / potential gross rental revenue and approx. property expenses. Note: Photos 15-20 (unit 3 attached - currently vacant), photos 21-24 (unit 1 downstairs), photos 25-30 (unit 2 upstairs).

Property Details

Size

Sq. Ft. Not Available
16 total rooms
5 Beds
5 Above Grade
4 Baths
1 Ensuite - 3 Full

Parking

3 Parking Spaces
-

Lot

Size
60′0″ * 120′0″
Acres
-

Build

Year Built
1903
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-
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Rooms

Kitchen

17′3″ x 6′8″

Living Rm

14′5″ x 10′6″

Dining Rm

11′10″ x 7′6″

Bath 3-Piece

Bathroom

Bedroom

16′5″ x 9′9″

Ensuite 3-Piece

Ensuite

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2020-01-01
Property Tax Amount
$1,898

Source

Listing Brokerage

MLS® Listing
1221231
Last Updated
April 14, 2023
Brokerage
RIDEAU REALTY LIMITED
Call us 800-591-0566

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