CA$970,000

For
Sale

bedrooms

8

bathrooms

4

Square Footage

3500-5000

Type of Property

Fourplex

Wedu Estimate*
New

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Details

Overview

Type
Fourplex
Style
2-Storey
Size
3500-5000 Sqft
Taxes
CA$6,608/yr

Description

Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New GENERAC generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof(06), Rental Breakdown: Apt #1 (Owner occupied): $900/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat, hydro & hot water tank rental, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). Expenses: Insurance$3073/yr, Common Hydro $58/mth, Snow Removal $900/year.

This fourplex home located at 2540 Market Street, OrleansCumberlandandArea, ON K4C 1A4 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$970K. It has 8 beds, 4 bathrooms, and is 3500-5000 square feet. The property is N/A years old. 2540 Market Street, OrleansCumberlandandArea, ON K4C 1A4 is in Orleans - Cumberland and Area neighborhood 1115 - Cumberland Ridge.

Fees

Taxes
CA$6,608/yr
Tax Year
2024

Inside

Bedrooms
8
Bathrooms
4
Kitchens
4
Air Conditioning
Window Unit(s)
Laundry

Building

Basement Details
None
Fuel
Gas
Heating
Forced Air
Water Supply
Well
Exterior
Vinyl Siding
Roof
Asphalt Shingle

Land

Zoning
V3F[505r] RES property w/four self-contained units
Depth
515
Width
173
Lot Size Units
Feet
Sewer
Septic
Pool
None
Cross Street
Old Montreal Rd.
Neighbourhood
1115 - Cumberland Ridge
City
Orleans - Cumberland and Area

Parking

Garage
None
Parking Features
Lane, Other
Parking Places
10

Metadata

Added
6/24/2025
Updated
6/26/2025
MLS®#
X12241557
Source
TRREB

Rooms

Living RoomMain3.34 x 4.82
Dining RoomMain1.74 x 3.16
KitchenMain3.77 x 4.34
Primary BedroomMain3.66 x 3.96
Bedroom 2Main3.45 x 2.72
BathroomMain2.38 x 1.69

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