The "Blue Jay" is a large, two building multi residential rental property with 10 units located across from Clear Lake, with the public boat launch and beach close by. A New well system was installed December 2024. Each building has it's own separate septic system. Evergreen Heights Public School and Highlands Child Care Centre is located 7 minutes away in Emsdale while the hustle and bustle of Huntsville is only 12 minutes away. A further income potential, the utility room has 3 hook up locations for laundry to add coin washers and dryers. Each unit has separate entrance. Parking accommodates 20+ vehicles. Building 1 has six large, 850+ Sq. Ft per unit, 2 bedroom units. Tenants pay their own hydro/heat. Every unit has had updates, 2 units renovated, 2021 & 2023. Building 2 is NOT subject to rent control, and was completed September 2019. 2 Units are 1 bedroom PLUS den, and 2 units are 1 bedroom, heat and hydro is included for these units. With a current gross annual rent of $158,256.12 and low operating costs of $17,030.36 - this multi residential property could be a great investment to expand your portfolio! |
Price | $1,999,000 |
Taxes: | $5583.70 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 1070 592 N/A North , Perry, P0A 1J0, Parry Sound |
Postal Code: | P0A 1J0 |
Province/State: | Parry Sound |
Legal Description: | LT 34-35 PL 167; PERRY |
Directions/Cross Streets: | 592 & McSwell Harbour |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 5100.00 |
Total Area Code: | Square Feet |
Business/Building Name: | The Blue Jay |
Financial Statement: | T |
Chattels: | F |
Franchise: | F |
Employees #: | 0 |
Management Expense: | 0 |
Water Expense: | $0 |
Expenses Actual/Estimated: | $Act |
Washrooms: | 0 |
Heat Type: | Baseboard |
Central Air Conditioning: | No |
Sewers: | Septic |
Water: | Drilled W |
Water Supply Types: | Drilled Well |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Royal LePage Lakes Of Muskoka Realty |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Parry Sound |
Municipality: | Perry |
Neighbourhood: | Perry |
Tax: | $5,583.7 |
Fireplace: | N |