437 County Rd 34 Cottam, Ontario N8M 2X5
$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:47351)
Property Details
| MLS® Number | 26019486 |
| Property Type | Multi-family |
| Equipment Type | Water Heater - Gas |
| Rental Equipment Type | Water Heater - Gas |
Building
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum/vinyl, Concrete |
| Flooring Type | Ceramic/porcelain, Cushion/lino/vinyl |
| Foundation Type | Block, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Ductless, Furnace |
| Stories Total | 1 |
| Type | Multi-family |
Parking
| Other | 10 |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Irregular | Irreg. X 568 Ft / 1.111 Ac |
| Size Total Text | Irreg. X 568 Ft / 1.111 Ac|1 - 1.99 Acres |
| Zoning Description | Rural Res |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Laundry Room | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Kitchen | Measurements not available | ||
| Main Level | Living Room | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Other | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Other | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Other | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Other | Measurements not available |
https://www.realtor.ca/real-estate/30155428/437-county-rd-34-cottam
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August 14 2026 03:01:40
Windsor-Essex County Association of REALTORS®