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. 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! (id:374)
MLS# | 40666008 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 14 |
Listing Provided By | Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street | Len Clarke |
Bed(s) | 16 |
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Bath(s) | 10 Total |
SQ Feet | 5,100 |
Story(s) | 2 |
Units | 10 |
Zoning | R3 |
Province | ON |
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City | Emsdale |
Postal Code | P0A1J0 |
Community Name | Emsdale |
Listing VS Median (in Emsdale) | |
Price: $2,150,000 low | high Med: $599,000 SqFt: 5,100 low | high Med: 1,623 $ / SqFt: $422 low | high Med: $369 On Site: 14 low | high Med: 66.000000 |