1070 592 Highway N , Emsdale, ON P0A 1J0
Emsdale, ON P0A 1J0
Description
"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. The new building constructed in 2019 is not subject to rent control. 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!
Details
| MLS# | 40666008 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street | Len Clarke |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 5,100 |
| Story(s) | 2 |
| Units | 10 |
| Zoning | R3 |
| Water Front | Yes |
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Learn More About This Property
| State | ON |
|---|---|
| County | Parry Sound |
| City | Emsdale |
| Zip Code | P0A 1J0 |
| Area | Perry |
| Subarea | Emsdale |
| Community Name | Emsdale |
| School District | Almaguin Highlands Secondary |
| Elementary School | Evergreen Heights Education Cent |
| Listing VS Median (in Emsdale) | |
Price: $2,150,000 low | high Med: $2,150,000 SqFt: 5,100 low | high Med: 5,100 $ / SqFt: $422 low | high Med: $422 On Site: 91 low | high Med: 91.000000 | |
