1070 592 Highway N Active Save Request In-Person Tour Request Virtual Tour
Emsdale,ON P0A 1J0
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