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11 Private Road
Marmora Ward Marmora and Lake L3Z 3H3

$995,000 /For Sale
Commercial

Main Photo: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 1: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 2: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 3: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 4: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 5: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 6: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 7: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 8: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
Photo 9: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12615536
Bus Major:
Apts - 6 To 12 Units
Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exception opportunity!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
7554 sq. ft. Square Feet
Total Area:
7,554.11 sq. ft.
Lot Depth:
0'
Lot Frontage:
0'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
CF
Heating type:
Gas Hot Water
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$7,108 / 2025
Assessment:
$- / -
Hastings
Marmora and Lake
Marmora Ward
No
Boiler system
8 fridges, 8 stoves
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Chattels:
Yes
Date Listed:
Dec 10, 2025
Original Price:
Previous Price:
  • Photo 1: 11 Private Road in Marmora and Lake: Marmora Ward Commercial for sale : MLS®# X12615536
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Listed by ROYAL LEPAGE PROALLIANCE REALTY
Data was last updated December 15, 2025 at 01:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
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  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

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When evaluating apartment buildings for sale, consider:

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.