$2,200,000
23.62 BTC
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117 Drummond Street, Merrickville-Wolford
$2,200,000
PRICE
10
BEDROOMS
5
BATHROOMS
X13458784
MLSID

117 Drummond Street, Merrickville-Wolford

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.
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Summary

Address
117 Drummond Street
MLSID
X13458784
Property Type
Multiplex
Property Category
Bedrooms
10
Bathrooms
5
Kitchens
5
Zoning
R1
Taxes (Annual)
$14,286.70
Tax Year
2025
Published
June 17, 2026
Days on Market
13 Days
Possession Type
Immediate
Possession Details
Flexible
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Inclusions

5 Fire Places, 5 Ovens, 5 Refrigerators, Washing Machines, 5 Dryers 5, Dish washers, 5 Furnaces, 5 On Demand Heaters.

Exclusions

N/A

Details

Basement
None
Exterior Features
Controlled Entry, Landscaped
Interior Features
Auto Garage Door Remote, Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor
Parking Spaces
6
Parking Total
10
Parking Features
Private Double
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding, Brick
Lot Width
59 Feet
Lot Depth
82 Feet
Water
Municipal
Heat Source
Propane
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX HALLMARK REALTY GROUP
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