Size
-
Lot size
6.71 Acres
Street frontage
-
Possession
Flexible
Price per sqft
$1,817 - $2,856
Taxes
$12,503.94 (2025)
Parking Type
-
Style
Bungalow
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Description
RARE 9-UNIT RESIDENTIAL ACREAGE WITH FULL MUNICIPAL SERVICESMINUTES TO THE 401. Turnkey multi-residential parcels of this scale almost never hit the open market. Situated on a prime 2.74-acre parcel on Black Diamond Road just minutes from the Highway 401 corridor, this exceptional, fully occupied income property has been proudly family-owned and maintained since 1978. Unlike typical rural multi-unit investments, this property is fully connected to municipal water, municipal sewer, and natural gas, eliminating rural well and septic liabilities entirely. The residential setup features nine detached rental homes comprising six 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit. Substantial capital improvements have already been completed across the parcel, including nine separate 100-amp electrical panels and five newer high-efficiency gas furnaces for streamlined utility management. Dual road frontage ensures excellent accessibility, expansive parking, and long-term site flexibility, while two detached garages (a 2.5-car and a separate single-car) provide valuable workshop or storage capacity. Operating overhead is kept low thanks to an established arrangement with a resident tenant who oversees year-round groundskeeping and snow removal. Whether you are expanding an investment portfolio with proven, day-one cash flow or securing an irreplaceable multi-generational family compound, this turnkey holding delivers unbeatable stability, location, and long-term upside. Full financial summary, rent roll, and unit breakdown are available upon request.
Broker: Royal LePage ProAlliance Realty
MLS®#: X14174160
Property details
Parking:
22
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
700-1100 sqft
Lot front:
608 Ft
Lot depth:
480 Ft
Listed on:
Nov 12, 2026
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Instant estimate:
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$182,523
lower than listed pricei
High
$1,933,178
Mid
$1,816,477
Low
$1,767,062
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