$599,000

Investment For Sale In Parry Sound, Ontario

$599,000

Property Information:

Investment opportunity! Multi-unit gem. With a fantastic price and a robust positive cash flow, this property is a savvy investor's dream come true. Situated in a prime central location with easy access to major highways, Candore College, the beach, the town, dining, the mall & schools. Whether you're targeting long-term residents or short-term vacation rentals, this property's accessibility is a major selling point. Perfect opportunity for student rental. Or move in & enjoy income. Currently 3 units, with the possibility of a 4th, or 2 units plus potential for 5 room student housing maximizing your rental income potential. The main building boasts large comfortable living space fully renovated in 2016. High ceilings, lots of light, updated mechanicals. Solid building. 10 parking spaces. Enjoy the beautiful lifestyle of living close to Georgian Bay, boating, trails, snowmobiling, hiking, cruises, local music festivals at the Stockey Centre. Zoning allows for multiple uses. **** EXTRAS **** High demand area for rental properties. Student housing possibility. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Exterior Finish: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Marina, Public Transit, Schools
  • Irregular: Yes
  • Lot Size: 120 FT ; Irregular As Per Survey
  • Surface Water:
  • Utility Type: Natural Gas - Installed, Hydro - Installed
  • No. of Parking Spaces: 10

Courtesy of: Royal LePage Connect Realty

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