1070 592 Highway N, Emsdale, Ontario

$2,150,000

16 Beds
10 Baths
5,100 Square Feet

The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:56241)

Listing ID: 40666008
Property Type: Multi-family

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Details

Community Features: Quiet Area
Features: Crushed stone driveway
Ownership: Freehold
Parking Spaces: 20
Transaction: For sale
Zoning Description: R3

Building

BasementType: None
Cooling: None
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 10
Heating Fuel: Electric
Size Interior: 5100 sqft
Stories Total: 2
Utility Water: Well

Land

Access Type: Water access, Road access, Highway access
Sewer: Septic System
Size Frontage: 205 ft

Listing provided by Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street
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 for sale is located at 1070 592 Highway N in Emsdale Ontario. It was last modified on October 21st, 2024. Contact Virginia Dawn to schedule a viewing or to discover other Emsdale real estate for sale.

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