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$2,199,999
Est. payment /mo
11,464 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 11,464 sqft
Price per Sqft $191
Subdivision Wb01 - Wasaga Beach
MLS® Listing ID 40694075
Originating Board Cornerstone - Hamilton-Burlington
Property Sub-Type Freehold
Property Description
Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the property's rental potential. With a strong cap rate of 6% and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable 13.5% cash-on-cash return in the first year with just 15% down. To sweeten the deal, we're offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. Reach out today for the full detailed package—don't miss out! (id:24570)
Location
Province ON
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Platinum Lion Realty Inc.