54 COLDWATER Road Waubaushene

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. Unit 2 will become vacant on July 1st, presenting an opportunity for you to handpick a new tenant and potentially increase rental rates, thereby maximizing your returns even further. 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

Hanan Tarhini would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Hanan Tarhini, who specializes in Waubaushene real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Hanan Tarhini find a property to match your lifestyle.

Details

  • Amenities Nearby: Marina, Place of Worship, Schools
  • Community Features: School Bus
  • Ownership: Freehold
  • Parking Spaces: 6
  • Structure: Shed
  • Transaction: For sale
  • Zoning Description: R1

Building

  • BasementType: None
  • Cooling: None
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Bathrooms (Total): 4
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 1975 sqft
  • Stories Total: 1
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Amenities: Marina, Place of Worship, Schools
  • Sewer: Septic System
  • Size Frontage: 109 ft
MLS®

Listing provided by Real Broker Ontario Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

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 Hanan Tarhini to schedule a viewing or to find other properties for sale in Waubaushene.

Request More Information

Want more information or schedule a showing? Request more information with Hanan Tarhini, who specializes in Waubaushene properties.

Terms of Use Agreement

Terms of Use
This website is operated by Hanan Tarhini, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Hanan Tarhini, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Hanan Tarhini may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline