$689,000
Available - For Sale
Listing ID: S12178961
54 Coldwater Road , Tay, L0K 2C0, Simcoe
| 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 had extensive interior renovations completed in 2023 including adding ensuite laundry to each unit. Each unit is individually metered for hydro, minimizing your expenses as the owner. With no shared interior common areas, your only utility expense consideration is water. This property comprises of four charming one-bedroom units, with three units currently leased at competitive rates, and one unit left vacant for a future buyer who can choose to move into the unit or rent it out at market rents. 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 | $689,000 |
| Taxes: | $3375.91 |
| Occupancy: | Tenant |
| Address: | 54 Coldwater Road , Tay, L0K 2C0, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Coldwater Rd & Duck Bay Rd |
| Rooms: | 4 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Bedroom | 9.84 | 9.02 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Ground |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Fourplex |
| Style: | Bungalow |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Other Structures: | Drive Shed |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Beach, Marina |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Septic |
| Utilities-Hydro: | Y |
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| REAL BROKER ONTARIO LTD. |
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|
Steve D. Sandhu & Harry Sandhu
Realtor
Dir:
416-729-8876
Bus:
905-455-5100
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Simcoe |
| Municipality: | Tay |
| Neighbourhood: | Waubaushene |
| Style: | Bungalow |
| Approximate Age: | 51-99 |
| Tax: | $3,375.91 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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