54 Coldwater Road, Waubaushene
Property Overview - Fourplex For sale
Price | $ 724 999 | On the Market | 9 days |
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MLS® # | 40598915 | Type | Fourplex |
Bedrooms | 4 Bed | Bathrooms | 4 Bath |
Postal Code | L0K2C0 | ||
Street | COLDWATER | Town/Area | Waubaushene |
Property Size | under 1/2 acre | Building Size | 183 ft2 |
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 has undergone extensive interior renovations and is individually metered for hydro, minimizing your expenses as the owner. With no share common areas, your only utility expense consideration is water. This property comprises of four charming one-bedroom units, all currently leased at competitive rates, yielding an impressive annual income of $66,000. 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:20829)
Size Total | under 1/2 acre |
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Size Frontage | 109 |
Size Depth | 268 ft |
Ownership Type | Freehold |
Sewer | Septic System |
Zoning Description | R1 |
Building Details
Type | Fourplex |
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Stories | 1 |
Property Type | Multi-family |
Bathrooms Total | 4 |
Bedrooms Total | 4 |
Cooling Type | None |
Exterior Finish | Vinyl siding |
Heating Fuel | Electric |
Heating Type | Baseboard heaters |
Size Interior | 183 ft2 |
Total Finished Area | [] |
Utility Water | Municipal water |
This listing of a Multi-family property For sale is courtesy of Taylor Morgado from Real Broker Ontario Ltd.