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$ 699,000
Est. payment | /mo
4 Beds
4 Baths
1,500 SqFt
$ 699,000
Est. payment | /mo
4 Beds
4 Baths
1,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $466
Subdivision Waubaushene
MLS® Listing ID S12178961
Style Bungalow
Bedrooms 4
Source Toronto Regional Real Estate Board
Property Description
Discover an exceptional investment opportunity with this turnkey fourplex, ideally situate on a spacious lot in Waubaushene, just moments from the picturesque Georgian Bay. Each unit had extensive interior renovations completed in 2023 including adding ensuite laundry to each unit. Each unit is individually metered for hydro, minimizing your expenses as the owner. With no shared interior common areas, your only utility expense consideration is water. This property comprises of four charming one-bedroom units, with three units currently leased at competitive rates, and one unit left vacant for a future buyer who can choose to move into the unit or rent it out at market rents. With ample parking and an expansive lot, this gem also features a modernized septic system installed in 2018. The vast lot offers exciting possibilities for potential re-zoning and building additional units - subject to Buyer doing all of their own due-diligence. Conveniently located near marinas and the scenic Tay Trail, this property offers easy access to Hwy 400 for effortless commutes to Barrie or Orillia. Furthermore, the seller offers a Vendor Take Back (VTB) option and one year of complimentary property management, making this already lucrative investment opportunity even more enticing. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Extra Room 1 Ground level 3 m X 2.75 m Bedroom
Interior
Heating Baseboard heaters
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 1
Sewer Septic System
Architectural Style Bungalow
Listed by REAL BROKER ONTARIO LTD.
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