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 packagedon’t miss out! (id:13843)
MLS# | 40694075 |
---|---|
Listing Type | For Sale |
Status | Active |
Days On Site | 91 |
Listing Provided By | Platinum Lion Realty Inc. | Tomasz Skublak |
SQ Feet | 11,464 |
---|---|
Story(s) | 3 |
Zoning | R1 |
Province | ON |
---|---|
City | Wasaga Beach |
Postal Code | L9Z2H5 |
Community Name | WB01 Wasaga Beach |
Listing VS Median (in WB01 Wasaga Beach) | |
Price: $2,199,999 low | high Med: $759,495 SqFt: 11,464 low | high Med: 1,973 $ / SqFt: $192 low | high Med: $401 On site: 91 low | high Med: 100.000000 |