ON > Emsdale
Emsdale, ON P0A 1J0,1070 592 Highway N
Emsdale, ON P0A 1J0,1070 592 Highway N
Emsdale, ON P0A 1J0,1070 592 Highway N
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$2,150,000
Est. payment /mo
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16 BD
10 BA
5,100 SqFt
Active

1070 592 Highway N Emsdale, ON P0A 1J0

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Jeremy Creed

Jeremy Creed

+1(416) 671-8471

UPDATED:

10/24/2024 02:11 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $421

MLS Listing ID 40666008

Bedrooms 16

Abv Grd Liv Area 5,100

Originating Board The Lakelands

Annual Tax Amount $5,583

Property Description

"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. 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!

Location

Province ON

County Parry Sound

Area Perry

Zoning R3

Direction From Highway 11, take Novar Rd exit to Highway 592, follow to #1070

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Electric

Cooling None

Fireplace No

Laundry None

Exterior

Exterior Feature Separate Hydro Meters

Garage Gravel

Waterfront No

Waterfront Description Access to Water,Lake Privileges

Roof Type Metal

Handicap Access Multiple Entrances

Lot Frontage 205.03

Parking Type Gravel

Garage No

Building

Lot Description Irregular Lot, Highway Access, Quiet Area

Faces From Highway 11, take Novar Rd exit to Highway 592, follow to #1070

Story 2

Foundation Concrete Block

Sewer Septic Tank

Water Well

Level or Stories 2

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Evergreen Heights Education Centre

High Schools Almaguin Highlands Secondary

Others

Senior Community false

Tax ID 521620323

Ownership Freehold/None

Listed by Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street

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Jeremy Creed

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+1(416) 671-8471

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1070 592 Highway N