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54 Coldwater Road Waubaushene, Ontario L0K 2C0

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4 Bedroom 4 Bathroom 1975
None Baseboard Heaters

$774,900

Invest in this fantastic turn key single-story fourplex situated on a spacious lot in Waubaushene, offering a prime opportunity near the stunning Georgian Bay. Each unit has been individually metered for hydro and underwent extensive interior renovations. There are no common areas in the building, so you only need to factor in water as a monthly utility expense. The property comprises four one-bedroom units, three currently occupied at competitive market rental rates, and one vacant unit available with possibility of generating an annual income of $66,000 once vacant unit rented out. This investment gem boasts ample parking, with no parking assigned or included in any tenant's current lease, an expansive lot, and an updated septic bed in 2018. Conveniently located near marinas, the Tay Trail for hiking and cycling enthusiasts, and with easy access to Hwy 400 for an effortless commute to Barrie or Orillia. Vendor Take Back (VTB) mortgage / seller financing available, plus one year of free property management included. (id:50638)

Property Details

MLS® Number 40554638
Property Type Multi-family
Amenities Near By Marina, Place Of Worship, Schools
Community Features School Bus
Parking Space Total 6
Structure Shed

Building

Bathroom Total 4
Bedrooms Total 4
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 1975
Type Fourplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Marina, Place Of Worship, Schools
Sewer Septic System
Size Depth 268 Ft
Size Frontage 109 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1

https://www.realtor.ca/real-estate/26630292/54-coldwater-road-waubaushene