Description

Excellent investment opportunity in the heart of Rideau Ferry! This cash-flowing triplex sits on a level 200' x 200' lot on the historic grounds of the Antler Lodge, offering character, stability, and strong rental demand. Unit 1 is a spacious two-bedroom featuring vaulted ceilings, original hardwood flooring, and a stunning stone fireplace. Unit 2 is a bright one-bedroom with vaulted ceilings and original hardwood floors. Unit 3 is a large one-bedroom highlighted by a charming sun porch and exposed red brick accents. A massive detached garage, currently vacant and used by the owner, provides excellent additional revenue potential-perfect for storage, hobby use, or renting out for supplementary income. Each unit is equipped with electric baseboard heating and separate hydro meters. Major components are well maintained, including a septic system replaced in 2010. Built in 1984, this property offers a solid balance of modern construction and timeless character. Tenants enjoy a walkable lifestyle-just steps to CC's on the Rideau, the Rideau Ferry Store, and the RVCA public boat launch and beach. With a gross annual income of $40,258.56, this is a rare turnkey investment in one of the region's most charming waterfront communities.