For sale in the picturesque town of Witless Bay, the home of the ecological bird island reserve - Newly renovated house with a double lot and a view of the ocean. Ready for move in. The house boasts 4 separate apartments, each with its own entrance, electrical meter, deck, and all appliances; a stove, fridge, microwave, dishwasher, washing machine and dryer. All units enjoy an ocean view. This unique property has great earning potential. The property is zoned both residential and commercial posing several options as either a residence, or an investment opportunity for those who want to expand their portfolio, or both. The property offers the home buyer or investor the option of starting a business in the spacious 1BR on the lower floor, formerly the Witless Bay post office, or renting out all 4 as residential units. For the home buyer, an onsite owner can rent out 3 units all while living in the home. You can pay off your mortgage with the rental income. The option also exists to live on site, start a business, and still have 2 rental incomes. The well is newly dug. The new septic system is a professionally designed commercial system with the capacity to handle 4 apartments comfortably. The family sized 3BR/1 bath unit on the upper floor features a propane fireplace, hardwood and commercial grade, water proof laminate flooring in the kitchen and bathroom. The bathroom has both a walk in shower and a soaker tub. The spacious master bedroom boasts wall to wall closet space. The open, spacious 1BR/1 Bath on the lower floor is the same square footage as the upper family unit and can be used to start an on site business. The upper and lower remaining 2 units each are 1 BR/1 bath. All 3 newly built units offer commercial grade, water proof laminate flooring and walk in showers (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.