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Home ON Greater Orillia Ramara
5880 RAMA DALTON BOUNDARY ROAD
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5880 RAMA DALTON BOUNDARY ROAD $875,000
$875,000
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5880 RAMA DALTON BOUNDARY ROAD
Sebright, Ontario L0K1W0

MLS® Number: 40625778
9
Bedrooms
4
Bathrooms
3772
Square Feet

Listing Description

Growth Opportunity in Ramara Township Bordering Kawartha Lakes! Located at the corner of Monk Rd and Rama Dalton Boundary Rd, this property offers exceptional exposure for your business. Enjoy the convenience of living and working in the same location, with a potential annual positive cash flow of $9,000 with 100% financing at a 5.5% mortgage interest rate over a 30-year amortization. The owner is willing to consider a second mortgage take-back for qualified buyers. This mixed-use property is currently zoned for both commercial and residential use, offering significant upside potential. The property is a commercial residential duplex with four income-generating units, a coin laundry room, a large rented garage, and outdoor parking lot storage. Additionally, there is a large green space for both commercial and residential tenants to enjoy. Recent extensive upgrades relieve the pressure on the new buyer, including a new roof, siding, windows, fascia, soffit, and gutters. All residential units have been upgraded in the past two years, with three units featuring new kitchens, flooring, lighting, bathroom fixtures, and fresh paint. This property consistently generates income with ample room for expansion. There is potential to add storage rental units, a commercial building/shop, or additional residential units. (67958961)

Location Description

highway 11 north merge south Highway 12 turn left Rama Rd , turn right Monck Rd. corner of Monck Rd and Rama Dalton Boundary Rd

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
3772 sqft
Subdivision Name
RA40 - Rural Ramara
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$958
Parking Type
Detached Garage, Visitor Parking
Time on REALTOR.ca
80 days

Building

Bathrooms
Total
4
Interior Features
Appliances Included
Microwave
Basement Type
Full (Unfinished)
Building Features
Features
Crushed stone driveway, Laundry- Coin operated, Sump Pump
Construction Material
Concrete block, Concrete Walls
Structures
Workshop
Total Units
5
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Forced air, (Natural gas), (Propane)
Utilities
Utility Sewer
Septic System
Water
Well
Exterior Features
Exterior Finish
Concrete, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Parking
Parking Type
Detached Garage, Visitor Parking
Total Parking Spaces
20

Measurements

Square Footage
3772 sqft
Above Grade Finished
3772 sqft
Source: Other
Total Unfinished
1500 sqft
Other
500 sqft

Land

Lot Features
Fencing
Partially fenced
Frontage
167 ft
Land Depth
157 ft
Other Property Information
Access
Road access
Zoning Description
C3
Data provided by: OnePoint - The Lakelands 34 Cairns Crescent, Huntsville, Ontario P1H 1Y3

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