437 COUNTY RD 34
Cottam, Ontario
Multi-family
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.
Price History
Schools
Elementary
- Holy Name Catholic School3.1 km
Catholic · Windsor-Essex CDSB · 390 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 64% met the provincial standard
- Essex Public School3.2 km
Public · Greater Essex County DSB · 570 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Gosfield North Public School4.5 km
Public · Greater Essex County DSB · 475 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 54% met the provincial standard
Secondary
- Essex District High School4.4 km
Public · Greater Essex County DSB · 695 students
Grade 10 literacy: 79% 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 N8M
- Population
- 11,819
- Private dwellings
- 4,755
- Median age
- 44.8
- Average household size
- 2.5
- Median household income
- $88,000
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
Multi-family in Cottam · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Cottam over the last 12 months.
Walk Score
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Scores by Walk Score®
Location
Mortgage Calculator
$190,000
Estimated Monthly Payment
$4,667
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,667/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $238/mo
Estimates only. Consult a financial advisor.
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