11 Private Drive

Marmora and Lake, ON

7,554 sqft • Investment • 105 days on market

$899,900

Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!

Listing Details

Taxes (2025): $7,108
Listed: May 14, 2026

Price History

Listing history

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: Deloro Street to Private Road
Zoning: CF
Parcel Number: 401790347
Possession: Immediate

Commercial

Business Type: Apts - 6 To 12 Units
Occupancy: Partial

Included

Inclusions: 8 fridges, 8 stoves
Rental Items: Boiler system

Community

Postal area K0K

Population: 115,850
Private dwellings: 53,153
Median age: 50.8
Average household size: 2.4
Median household income: $83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Marmora and Lake · last 12 months

Median sold price: $395,000
Homes sold: 75
Median days on market: 40
Sale-to-list price: 94.3%

Based on 75 recorded sales of commercial properties in Marmora and Lake over the last 12 months.

Listed by

ROYAL LEPAGE PROALLIANCE REALTY

Location

Commercial figures

Building area: 7,554 sq ft
Price per sq ft: $119.13
Annual property tax: $7,108
Tax per sq ft: $0.94

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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