437 COUNTY RD 34, Cottam, Ontario
$950,000
This is an investor's dream! This unique 5-unit investment property checks all the boxes. It's completely updated, totally turnkey, low maintenance & already producing excellent cash flow with a strong, high-calibre tenant profile, plus the seller is open to a vendor take back mortgage. Situated on 1.1+ acres, this fully occupied property offers a smart mix of 1 x 2BR unit + 4 studio units, ideal for mid-to-long-term rentals. A massive 2024 renovation transformed the property from top to bottom, including brand new electrical, plumbing, waterproofing, framing, drywall, HVAC, roof, windows, siding & an oversized septic system, giving investors peace of mind with major capital improvements already completed. On-site laundry adds convenience for tenants & another practical feature. SHORT TERM VACATION RENTAL ELIGIBILITY: The Town has confirmed this property is most likely eligible for Short Term Vacation Rental use, opening the door to nightly & weekly vacation rental income across all five units, or a hybrid model pairing long-term tenancies with seasonal short-term bookings. There may also be potential for the addition of further units for an investor looking to maximize the site. (Buyer to verify STVR licensing, zoning & all permitted uses.) Turnkey, cash flowing, extensively renovated & designed for easy ownership, plus the Seller is willing to consider a VTB mortgage for a well-qualified Buyer. Opportunities like this are hard to find! Reach out today for complete income & expense information and to discuss adding this exceptional property to your portfolio. (id:56241)
- Listing ID: 26019486
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 437 COUNTY RD 34 in Cottam Ontario. It was last modified on August 14th, 2026. Contact David Binder to schedule a viewing or to discover other Cottam properties for sale.