3246 County Road 2 Road
Otonabee-South Monaghan, ON
- 9 bed
- 8 bath
- approx. 5000 + sqft
- Multiplex
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.
Listing Details
- Taxes (2026)
- $7,765
- Listed
- October 26, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Flat
- Foundation
- Poured Concrete
- Interior
- Storage
- Lot Size
- 192 x 223 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 12
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- County Rd 2 & Heritage Line
- Zoning
- C6
- Parcel Number
- 281510289
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 2 Hot Water Tanks, Iron Filter, Water Softener, All Appliances (5 Stoves, 5 Fridges, 3 Dishwashers, 5 Washers, 5 Dryers)
- Exclusions
- Tenant's Belongings, All Items in Storage Rooms
- Rental Items
- 3 Hot Water Tanks
Schools
Elementary
- North Shore Public School1.4 km
Public · Kawartha Pine Ridge DSB · 420 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 27% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
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
Residential Freehold in Otonabee-South Monaghan · last 12 months
- Median sold price
- $598,000
- Homes sold
- 93
- Median days on market
- 38
- Sale-to-list price
- 94.3%
Based on 93 recorded sales of residential freehold properties in Otonabee-South Monaghan over the last 12 months.
Listed by
Royal Service Real Estate Inc.
Walk Score
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Scores by Walk Score®
Location
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Mortgage Calculator
$270,000
Estimated Monthly Payment
$6,632
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,632/mo (20% down, 5.5%)
Taxes: $647/mo · Insurance: $338/mo
Estimates only. Consult a financial advisor.
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