Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the property's rental potential. With a strong cap rate and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable cash-on-cash return in the first year. To sweeten the deal, we're offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. (id:13843)
| MLS # | 40823282 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 186 |
| Listing Provided By | Platinum Lion Realty Inc. | Tomasz Skublak |
| SQ Feet | 11,464 |
|---|---|
| Story(s) | 3 |
| Zoning | R1 |
| Water Front | Yes |
| Fireplace Yes / No | No |
|---|
| Parking Total | 10 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 7500 |
|---|
| Province | ON |
|---|---|
| City | Wasaga Beach |
| Postal Code | L9Z2H5 |
| Community Name | WB01 Wasaga Beach |
| Listing VS Median (in WB01 Wasaga Beach) | |
Price: $1,699,999 low | high Med: $754,116 sqft: 11,464 low | high Med: 1,991 $ / sqft: $148 low | high Med: $451 On site: 186 low | high Med: 144.5 | |
| Province | ON |
|---|---|
| City | Wasaga Beach |
| Postal Code | L9Z2H5 |
| Community Name | WB01 Wasaga Beach |
| Listing VS Median (in WB01 Wasaga Beach) | |
Price: $1,699,999 low | high Med: $754,116 sqft: 11,464 low | high Med: 1,991 $ / sqft: $148 low | high Med: $451 On site: 186 low | high Med: 144.5 | |