Homes for sale - 1070 592 Highway N, Emsdale, ON P0A 1J0

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Listed by Len Clarke • Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street

$2,150,000

Est. payment - /mo

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16 BD

10 BA

5,100 SqFt

Active

1070 592 Highway N Emsdale, ON P0A 1J0

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Dan Carrol

dancarrol@kw.com +1(905) 518-9808

UPDATED:

11/28/2024 10:23 PM

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. The new building constructed in 2019 is not subject to rent control. 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

Parking Features Gravel

Waterfront Description Access to Water,Lake Privileges

Roof Type Metal

Handicap Access Multiple Entrances

Lot Frontage 205.03

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

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Evergreen Heights Education Centre

High Schools Almaguin Highlands Secondary

Others

Senior Community No

Tax ID 521620323

Ownership Freehold/None

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Dan Carrol

Sales Representative | License ID: 4751750

+1(905) 518-9808