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Home ON Perry
1070 592 Highway N
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1070 592 Highway N $2,150,000
$2,150,000
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1070 592 Highway N
Emsdale, Ontario P0A1J0

MLS® Number: 40666008
16
Bedrooms
10
Bathrooms
5100
Square Feet

Listing 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. 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! (68228578)

Location Description

From Highway 11, take Novar Rd exit to Highway 592, follow to #1070

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
5100 sqft
Subdivision Name
Emsdale
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$5,583.70
Total Parking Spaces
20
Time on REALTOR.ca
24 days

Building

Bathrooms
Total
10
Interior Features
Basement Type
None
Building Features
Features
Crushed stone driveway
Foundation Type
Block
Total Units
10
Heating & Cooling
Cooling
None
Heating Type
(Electric)
Utilities
Utility Sewer
Septic System
Water
Well
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
Quiet Area
Parking
Total Parking Spaces
20

Measurements

Square Footage
5100 sqft
Above Grade Finished
5100 sqft
Source: Other

Land

Lot Features
Frontage
205 ft
Other Property Information
Access
Water access, Road access, Highway access
Zoning Description
R3
Waterfront Features
Access
Water access
Data provided by: OnePoint - The Lakelands 34 Cairns Crescent, Huntsville, Ontario P1H 1Y3

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