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$ 2,150,000
Est. payment | /mo
16 Beds
10 Baths
5,100 SqFt
$ 2,150,000
Est. payment | /mo
16 Beds
10 Baths
5,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $421
Subdivision Emsdale
MLS® Listing ID 40666008
Bedrooms 16
Originating Board OnePoint - The Lakelands
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! (id:24570)
Location
Province ON
Interior
Cooling None
Exterior
Garage No
Community Features Quiet Area
Waterfront No
View Y/N No
Total Parking Spaces 20
Private Pool No
Building
Story 2
Sewer Septic System
Others
Ownership Freehold
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Andy Katoch
Agent | License ID: LDKATOCAN