David St

8 Bedroom Real Estate has been listed for sale at 32 David St in Spencerville for $1,499,900. Chat with a local expert, book a tour.

Spencerville

32 David St

32 David St, For Sale in Spencerville - eXp Commercial Brokerage

Attention investors!! Rarely offered purpose-built Fourplex in Spencerville featuring four individually titled 2-bed, 1.5-bath attached bungalows, each with private garage (inside entry), backyard patio, and full unfinished basements with legal egress windows ideal for adding a third bedroom. All units include stainless steel appliances, stackable in-unit laundry, efficient HVAC systems, and water treatment setups. Open-concept layouts with granite counters and quality finishes throughout. Fully tenanted with strong rental income of $107, 952/year and a Net Operating Income of $90, 240. Turnkey investment or ideal multi-generational living setup with future resale flexibility. Quiet residential setting just minutes to Highway 416.

This Stunning Freshly Built Semi Detached Is Ready For Downsizer Or Small Family. Enjoy Small Town Living In The Beautiful Village Of Spencerville! As You Enter Through The Large Foyer, You Embark On This Gorgeous Two Bedroom Two Bathroom Open Concept Home. The Stunning Crisp White Kitchen Has Beautiful Quartz Counters, Sharp Stainless Steel Appliances And Pot Lights Throughout.  The Open Concept Dining And Living Area Has Access To The Quaint Fenced Backyard To Allow Privacy To Enjoy Lovely Summer Nights. The Primary Includes A Large Walk Through Closet Including An Adjoing Bathroom. The Basement Is Partially Finished With The Opportunity To Add An Additional Bedroom And An Additional Recreation/Famiy Area. One Car Garage With Access Into Home. Commuters Dream! Minutes To 416 & 401 Hwy, 45 Min To City Of Ottawa! Close To Amenites, Restaurants, Parks, Gyms, And Recreational Faciities! 24hr Irrevocable On All Offers.

This Stunning Freshly Built Four Plex Is An Amazing Investment Opportunity To Add To Your Portfolio. Enjoy Small Town Living In The Beautiful Village Of Spencerville! As You Enter Through The Large Foyers, You Embark On This Gorgeous Two Bedroom Two Bathroom Open Concept Homes. Gorgeous Quartz Counters, Sharp Stainless Steel Appliances And Pot Lights Throughout. The Open Concept Dining And Living Area Has Access To The Quaint Fenced Backyard To Allow Privacy To Enjoy Lovely Summer Nights. The Primary Includes A Large Walk Through Closet Including An Adjoining Bathroom. The Basement Is Partially Finished With The Opportunity To Add An Additional Bedroom And An Additional Recreation/Family Area. One Car Garage With Access Into Home. Commuters Dream! Minutes To 416 & 401 Hwy, 45 Min To City Of Ottawa! Amazing Rental Income. Purchase As A 4 Plex Or Individual Units! Wonderful Tenants! Close To Amenities, Restaurants, Parks, Gyms, And Recreational Facilities! 24hr Irrevocable On All Offers.

Two-Bedroom Open-Concept Townhome Bungalow In The Quaint Town Of Spencerville, Only 45 Minutes To Downtown Ottawa. 
The Kitchen Offers Quartz Countertops And Stainless Steel Appliances. The Open-Concept Dining Has A Patio Door To The Fenced Rear Yard. 
The Master Bedroom Has A Large Walk-Through Closet Into The Main Bathroom. Main Floor Washer/Dryer, Attached Garage With Access Into The Home, Partially Finished Basement, Propane Furnace And A/C. Hydro, Propane And Sewer Are The Tenants Responsibility. Parking For 1 Car In The Driveway But Could Have An Additional Vehicle In The Garage.
Small Pets Permitted.

Flooring: Vinyl, Discover 32 David, an exceptional Fourplex nestled in Spencerville, Ontario. Comprising of four individually titled attached bungalows. These units offer 2 bedrooms, 1.5 baths, &amp; an array of modern conveniences. Step inside to find elegant kitchens with granite counter-tops, ample cupboard space, &amp; stainless steel appliances. The attached garages provide inside entry, while the backyard patios offer a retreat for residents. With stackable washer/dryers &amp; the potential for third bedrooms in the unfinished basements, it is designed for both comfort and functionality. Each unit is currently rented for $2207, plus utilities, ARI of $105, 936.00, this property promises steady income for investors. Located in a peaceful neighborhood, 32 David offers easy access to local amenities &amp; recreational facilities, making it an ideal choice for tenants seeking a tranquil yet convenient lifestyle. Don't miss this opportunity to own a lucrative investment property in Spencerville. Schedule your viewing!

Discover 32 David, an exceptional Fourplex nestled in Spencerville, Ontario. Comprising four individually titled attached bungalows, these units offer 2 bedrooms, 1.5 baths, and an array of modern conveniences. Step inside to find elegant kitchens with granite countertops, ample cupboard space, and stainless steel appliances. The attached garages provide inside entry, while the backyard patios offer a retreat for residents. Each unit includes an unfinished basement with legal egress windows, presenting a prime value-add opportunity finish the space and add a third bedroom to significantly increase rental income and property value. With stackable washer/dryers and a well-designed layout, this property is built for both comfort and investment growth. Each unit is currently rented for $2, 207 plus utilities, with rent increasing to $2, 260 per month on April 1, 2025, for two units and on July 1, 2025, for the remaining two units. The annual rental income is currently $105, 936, with a Net Operating Income (NOI) of $88, 332, and will increase to $90, 876 once the rent adjustments take effect. Estimated expenses include property taxes of $10, 588, insurance of $4, 280, and sewer charges of $2, 736. Located in a peaceful neighborhood, 32 David offers easy access to local amenities and recreational facilities, making it an ideal choice for tenants seeking a tranquil yet convenient lifestyle. A rare opportunity to enhance income potential - don't miss out on this investment! Schedule your viewing today! (id:58753)

32 David St, Spencerville, ON

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