3246 County Road 2 Road, Otonabee-South Monaghan, ON K0L 2G0
Otonabee-South Monaghan · Near County Rd 2 & Heritage Line · View map
About this home
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 5000 + sq ft
- Bedrooms
- 9
- Bathrooms
- 8
- Kitchens
- 5
- Rooms
- 35
- Basement
- None
- Lot size
- 192 x 223 ft
- Faces
- North
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Driveway spaces
- 12
- Total parking
- 12
- Parking features
- Private Triple, Private
Taxes & other
- Property taxes
- $8,058/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible (60+)
- Cross street
- County Rd 2 & Heritage Line
- Neighbourhood
- Otonabee-South Monaghan
More
- MLS® number
- X14115942
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The home and its surroundings
- Storage
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
3246 County Road 2 Road, Otonabee-South Monaghan, ON K0L 2G0
Otonabee-South Monaghan · Near County Rd 2 & Heritage Line
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Listing history for 3246 County Road 2 Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 3246 County Road 2 Road
Answers come straight from this home’s MLS® listing.
How much is 3246 County Road 2 Road listed for, and what would it cost each month?
3246 County Road 2 Road is listed for $1,350,000. With 20% down ($270,000), the mortgage payment would be roughly $5,446 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,117 a month, all in. That figure is an illustration, not a quote.
Is 3246 County Road 2 Road freehold or a condo, and is there a monthly fee?
3246 County Road 2 Road is a multiplex in Otonabee-South Monaghan. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 3246 County Road 2 Road have?
3246 County Road 2 Road has 9 bedrooms and 8 bathrooms. The listing gives the style as 2-storey.
Does 3246 County Road 2 Road have a garage and parking?
The listing does not show a garage. The driveway adds 12 spaces. In total the listing counts 12 parking spaces.
Does 3246 County Road 2 Road have a finished basement?
No. The listing shows no basement for this home.
What style of home is 3246 County Road 2 Road?
3246 County Road 2 Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 3246 County Road 2 Road, and what is the lot size?
The lot is listed as 192 x 223 ft.
How is 3246 County Road 2 Road heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 3246 County Road 2 Road?
Property taxes are $8,058 a year (2026), or about $672 a month.
Where is 3246 County Road 2 Road?
3246 County Road 2 Road is in Otonabee-South Monaghan. The nearest main intersection is County Rd 2 & Heritage Line. The postal code is K0L 2G0.
Is 3246 County Road 2 Road still for sale?
Yes. It is an active listing (MLS® X14115942). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3246 County Road 2 Road asking?
Similar properties for sale nearby right now include 3246 County Road 2 Road at $1,350,000, 98 Golden Meadows Drive at $1,495,000 (5+1 bed) and 1786 Matchett Line at $1,299,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 3246 County Road 2 Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 3246 County Road 2 Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Otonabee-South Monaghan, picked by style, size and price.
Investment$1,350,0003246 County Road 2 Road, Otonabee-South Monaghan8 bath · Otonabee-South MonaghanCourtesy of: Royal Service Real Estate Inc.View home →
Detached home$1,495,00098 Golden Meadows Drive, Otonabee-South Monaghan5+1 bed · 5 bath · Otonabee-South MonaghanCourtesy of: RE/MAX COMMUNITY REALTY INC.View home →
Detached home$1,299,9001786 Matchett Line, Otonabee-South Monaghan4 bed · 2 bath · Otonabee-South MonaghanCourtesy of: Keller Williams Energy Real EstateView home →Courtesy of: Royal Service Real Estate Inc.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.