Welcome to this remarkable Other multiplex located in the coveted neighborhood of 722 - Lancaster. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $985,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
1987 purpose built 6 plex with separate utilities has been well maintained and fully rented over last several years. There are 3 two bedroom units and 3 one bedroom units. Each unit has its own laundry hookups. Each unit has its own parking spot and there are 3 visitor parking spots. There is a shed for the owners equipment and a small utility room in the building for maintenance supplies, electric meters and water meters. Rent roles will be supplied to serious qualified buyers. Interior pictures taken by owner a couple of years ago. All units are similar and the owner is allowing showings on one unit only allowing a condition upon approval of all units in an accepted offer. Showings between 8am & 4:30 pm 7 days a week
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This multiplex located at 124 Military Road, South Glengarry is currently for sale and has been available on SousaSells for 307 days. This property is listed at $985,000 with an estimated mortgage of $3,279* per month. It has 9 beds, 6 bathrooms, and is 3500-5000 square feet. 124 Military Road, South Glengarry is in the 722 - Lancaster neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 124 Military Road N, South Glengarry, ON K0C 1N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Glengarry.
About Purchasing a Home in South Glengarry, ON
For a property listed at $985,000 in South Glengarry, the legal minimum down payment is $73,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,175 for this transaction. As this listing is in South Glengarry (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,175.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.