Jayne Porter

Sales Representative

jayneporter@sympatico.ca

Cell: 416-435-2005
Office: 705-660-2255

MLS®: X12476514

Status: For sale

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$1,399,000

Location:

1578 County Road, Kawartha Lakes (verulam) Ontario, K0M1N0

Description:

A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for 55+ living and boasts a strong 9.3 % cap rate with AAA tenants already in place. Located just steps from Eganridge Resort, this property offers the perfect blend of tranquility and convenience - only 1.5 hours from the GTA.The building features, 8 private single units, 1 two-bedroom apartment, 1 commercial unit currently used as a residential suite. Shared amenities including a spacious dining area with a cozy fireplace, a bright and welcoming lounge with a second fireplace, a fully-equipped commercial kitchen, and a common laundry room. Sitting on a 1.3-acre lot, the property offers generous green space and ample parking. Each unit includes a private walk-out patio, adding to the comfort and independence of its residents. Tenants are currently served lunch and dinner daily included in there rent, making this a turnkey opportunity for those looking to semi-retire in the Kawarthas with a passion for cooking. Alternatively, investors can hire staff to manage meals and rent out the owner's suite for additional income. Whether you're looking to expand your real estate portfolio or embrace a lifestyle investment, this unique property delivers. Add this gem to your investment portfolio today! (id:2471)

Property:
Type: Multi-family
Lot Dimensions: 1.43	Acreage: 1.43 ac
Water: Drilled Well

Structure:
Style: Multi-Family	Square Footage: 1 ac
Bathrooms: 13
Heating: Baseboard heaters
Cooling Type: Fully air conditioned

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005

Listing Office: ROYAL HERITAGE REALTY LTD.

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Jayne Porter

1578 County Road, Kawartha Lakes (verulam) Ontario, K0M1N0

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