11 Private Road
Marmora and Lake, ON
- 7,554 sqft
- Investment
- 267 days on market
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 exception opportunity!
Listing Details
- Taxes (2025)
- $7,108
- Listed
- December 10, 2025
Price History
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Deloro Street to Private Road
- Zoning
- CF
- Parcel Number
- 401790347
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 8 fridges, 8 stoves
- Rental Items
- Boiler system
Community
Postal area L3Z
- Population
- 41,072
- Private dwellings
- 13,290
- Median age
- 37.2
- Average household size
- 3.2
- Median household income
- $114,000
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
- $390,000
- Homes sold
- 74
- Median days on market
- 39
- Sale-to-list price
- 94.3%
Based on 74 recorded sales of commercial properties in Marmora and Lake over the last 12 months.
Listed by
ROYAL LEPAGE PROALLIANCE REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 7,554 sq ft
- Price per sq ft
- $131.72
- 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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