Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards. (id:13843)
| MLS # | X13733408 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 56 |
| Listing Provided By | ED LOWE LIMITED | BRUCE BROWN |
| Zoning | PD - Planned Development |
|---|---|
| Acreage | 2.11 |
| Cooling | None |
|---|---|
| Heating | Hot water radiator heat, Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Irregular lot size |
|---|
| Sewer | Septic System |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 7020 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Georgian Bluffs |
| Postal Code | N0H2K0 |
| Listing VS Median (in N0H2K0) | |
Price: $1,680,000 low | high Med: $669,450 On site: 56 low | high Med: 35.5 | |
| Province | ON |
|---|---|
| City | Georgian Bluffs |
| Postal Code | N0H2K0 |
| Listing VS Median (in N0H2K0) | |
Price: $1,680,000 low | high Med: $669,450 On site: 56 low | high Med: 35.5 | |