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Last Updated : 132 Days ago
54 Coldwater Road, Tay, ON, Waubaushene
MLS Number: 40598915

54 Coldwater Road, Tay

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54 Coldwater Road, Tay MLS Number: 40598915

Waubaushene, Tay, Simcoe, ON, L0K 2C0

$724,999

Status:

  • 4+ Beds
  • 4 Baths
  • Area : 1975 sqft
  • Property Type: Residential Income (Multi-4 Unit)
  • Property Taxes : $3146 (Tax Year:2024)
  • Listing Courtesy : Real Broker Ontario Ltd.

54 Coldwater Road Property Description

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. 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.

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54 Coldwater Road Property Facts

Property Type :Residential Income
MLS Number :40598915
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :04 Sep, 2024 (132 Days ago)
Source :Waterloo Region
Area :Simcoe
Community : Waubaushene
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City :Waubaushene
Area Major :Tay
Area Minor :Victoria Harbour
Postal Code : L0K 2C0
Directions :Coldwater Rd & Duck Bay Rd

54 Coldwater Road Property Price & Tax Insights

Price : $724,999
Property Taxes :$3146
Tax Year :2024

54 Coldwater Road, Tay Property Details

Bedrooms :4 +
Heating :Baseboard
Place of Worship :No
Bathrooms :4
Approx Square Footage :1975 sqft

54 Coldwater Road, Tay - Price History

2024-09

04 Sep, 2024

TREB #40598915

Canceled

$724999

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