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$724,999
Available - For Sale
Listing ID: S8395812
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.
Price $724,999
Taxes: $3,146
Address: 54 Coldwater Rd , Tay, L0K 2C0, Ontario
Lot Size: 108.9 x 268 (Feet)
Acreage: < .50
Directions/Cross Streets: Coldwater Rd & Duck Bay Rd
Rooms: 4
Bedrooms: 4
Washrooms: 4
Kitchens: 4
Kitchens +: 4
Family Room: N
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Br 9.84 9.02
No. of Pieces Level
Washroom 1:  3 Ground
Property Type: Fourplex
Style: Bungalow
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 6
Pool: None
Other Structures: Drive Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Beach
Lake/Pond
Marina
Place Of Worship
School
School Bus Route
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Laundry Level: Main
Sewers: Septic
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: N
Utilities-Telephone: A
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REAL BROKER ONTARIO LTD.

54 Coldwater Rd , Tay, L0K 2C0, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Simcoe
Municipality: Tay
Neighbourhood: Waubaushene
Style: Bungalow
Lot Size: 108.90 x 268.00(Feet)
Approximate Age: 51-99
Tax: $3,146
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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