Exceptional Multi-Residential Investment Opportunity in the Heart of Merrickville Located in one of Eastern Ontario's most charming communities this purpose-built five-unit apartment building offers investors an outstanding combination of stable income, modern construction, and virtually worry-free ownership. Situated minutes away from Merrickville vibrant downtown core, residents enjoy convenient access to boutique shopping, restaurants, cafés, galleries, and the historic Rideau Canal. Constructed two years ago, this attractive building has been thoughtfully designed with both tenant comfort and long-term ownership in mind. The property consists of five spacious two-bedroom apartments featuring contemporary layouts, quality finishes, and modern conveniences that continue to attract and retain excellent tenants. Each suite offers a bright, open-concept floor plan highlighted by soaring ceilings and generous living spaces that create an airy, welcoming atmosphere. Large windows allow for an abundance of natural light throughout the day, while modern electric fireplaces provide warmth, character. The kitchens are equipped with stainless steel appliances and ample cabinetry, seamlessly flowing into the dining and living spaces. In-suite laundry, spacious bedrooms, well-appointed bathrooms, and efficient floor plans that maximize functionality and comfort. Four of the five apartments feature private balconies, providing valuable outdoor living space. The property includes both indoor and outdoor parking accommodations. The building's low-maintenance design and relatively recent construction mean investors can focus on income generation rather than capital expenditures. All units are currently rented at market rates. The quality of the building, desirable suite layouts, and prime location contribute to strong tenant demand and excellent long-term rental prospects. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Features: Carpet Free
- Parking Spaces: 10
- Transaction: For sale
- View: City view
- Zoning Description: R1
Building
- Appliances: Garage door opener remote(s), Water Heater - Tankless, Water meter, Dryer, Oven, Washer, Refrigerator
- BasementType: None
- Bedrooms Main Level: 10
- Cooling: Central air conditioning
- Exterior Finish: Aluminum siding, Brick
- Fireplace Present: True
- Fire Protection: Controlled entry
- Foundation: Concrete
- Bathrooms (Total): 5
- Heating: Forced air
- Heating Fuel: Propane
- Size Interior: 5000 - 100000 sqft
- Stories Total: 3
- Type: Other
- Utility Water: Municipal water
Land
- Landscape Features: Landscaped
- Sewer: Sanitary sewer
- Size Frontage: 59 ft ,2 in
- Size Irregular: 59.2 x 81.9 FT
Listing provided by RE/MAX HALLMARK REALTY GROUP
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 117 DRUMMOND STREET W in Merrickville Ontario. It was last modified on June 17th, 2026. Contact the Chris Drozda Group to schedule a viewing or to discover other Merrickville homes for sale.