$774,900
FOR SALE

Fourplex Bungalow

Bedrooms: 4Bathrooms: 4Lot: 108.9 x 268 ft
2024 Taxes: $3,146

54 Coldwater Rd
Tay, ON L0K 2C0 | Waubaushene | Simcoe

Invest in this fantastic turn key single-story fourplex situated on a spacious lot in Waubaushene, offering a prime opportunity near the stunning Georgian Bay. Each unit has been individually metered for hydro and underwent extensive interior renovations. There are no common areas in the building, so you only need to factor in water as a monthly utility expense. The property comprises four one-bedroom units, three currently occupied at competitive market rental rates, and one vacant unit available with possibility of generating an annual income of $66,000 once vacant unit rented out. This investment gem boasts ample parking, with no parking assigned or included in any tenant's current lease, an expansive lot, and an updated septic bed in 2018. Conveniently located near marinas, the Tay Trail for hiking and cycling enthusiasts, and with easy access to Hwy 400 for an effortless commute to Barrie or Orillia. Vendor Take Back (VTB) mortgage / seller financing available, plus one year of free property management included.
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Listed By REAL BROKER ONTARIO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S8147132
Last Updated May 16, 2024
Property Summary
Property Type Fourplex

More like this:
PIN 585000189
Legal Description LT 4 W/S COLDWATER RD PL 443 TAY; TAY
Possession Date Flexible
Taxes (2024) $3,146
Directions/Cross Streets Coldwater Rd & Duck Bay Rd
Neighbourhood Waubaushene
Area Simcoe
Price History

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Detailed Information
Fronting On W
Property Features Beach, Lake/Pond, Marina, Place Of Worship, School, School Bus Route
Special Designations Unknown
Bedrooms 4
Bathrooms 4
Rooms 4
Kitchens 4
Lot 108.9 x 268 ft
Acreage <.50
Approximate Age 51-99
Exterior Vinyl Siding
Air Conditioning None
Family Room N
Fireplace/Stove N
Pool None
Laundry Level Main
Basement None
Drive Pvt Double
Garage Spaces 0.0
Garage Type None
Parking Spaces 6
Total Parking Spaces 6.0
Heat Source Electric
Heat Type Baseboard
Other Structures Drive Shed
Sewers Septic
Utilities-Hydro Y
Utilities-Gas N
Utilities-Cable A
Utilities-Telephone A
Water Municipal
Zoning R1
Seller Property Info Statement N
Bathrooms
Pieces Level
3Ground

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