54 COLDWATER Road, Waubaushene, Ontario
$724,999
- 4 Beds
- 4 Baths
- 1,975 Square Feet
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:23309)
- Listing ID: 40598915
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Kim Christopher would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Kim Christopher, who specializes in Waubaushene real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Kim Christopher find a property to match your lifestyle.
Listing provided by Real Broker Ontario Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 54 COLDWATER Road in Waubaushene Ontario, was last modified on June 1st, 2024. Contact Kim Christopher to schedule a viewing or to find other properties for sale in Waubaushene.