1070 592 Highway N Emsdale, Ontario P0A 1J0
$2,150,000
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 with low annual operating expenses, providing immediate cash flow for prospective buyers. The new building constructed in 2019 is not subject to rent control. 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:51398)
Property Details
| MLS® Number | 40666008 |
| Property Type | Multi-family |
| Community Features | Quiet Area |
| Features | Crushed Stone Driveway |
| Parking Space Total | 20 |
Building
| Bathroom Total | 10 |
| Bedrooms Total | 16 |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Stories Total | 2 |
| Size Interior | 5100 Sqft |
| Utility Water | Well |
Land
| Access Type | Water Access, Road Access, Highway Access |
| Acreage | No |
| Sewer | Septic System |
| Size Frontage | 205 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/27562570/1070-592-highway-n-emsdale
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PRESENTED BY
ANDREW JOHN COCKS
PRESIDENT / BROKER OF RECORD
COCKS INTERNATIONAL REALTY INC., BROKERAGE
212 HWY 141, PO BOX 120
UTTERSON ON, P0B1M0
OFFICE: (705) 640-0664
DIRECT: (705) 380-3166
FAX:(249) 700-0700
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November 29 2024 06:41:58
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