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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
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$689,000
Available - For Sale
Listing ID: S12178961
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 had extensive interior renovations completed in 2023 including adding ensuite laundry to each unit. Each unit is individually metered for hydro, minimizing your expenses as the owner. With no shared interior common areas, your only utility expense consideration is water. This property comprises of four charming one-bedroom units, with three units currently leased at competitive rates, and one unit left vacant for a future buyer who can choose to move into the unit or rent it out at market rents. 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.
Price $689,000
Taxes: $3,375.91
Occupancy by: Tenant
Address: 54 Coldwater Road , Tay, L0K 2C0, Simcoe
Acreage: < .50
Directions/Cross Streets: Coldwater Rd & Duck Bay Rd
Rooms: 4
Bedrooms: 4
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Bedroom 9.84 9.02
No. of Pieces Level
Washroom 1 3 Ground
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Fourplex
Style: Bungalow
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Drive Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Beach
Marina
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
Utilities-Hydro: Y
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54 Coldwater Road , Tay, L0K 2C0, Simcoe

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Simcoe
Municipality: Tay
Neighbourhood: Waubaushene
Style: Bungalow
Lot Size: x 268.00(Feet)
Approximate Age: 51-99
Tax: $3,375.91
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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