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$695,450
Est. payment /mo
5 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Macaulay
MLS Listing ID X13054532
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,934
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Attention investors!!! Affectionally known as "The Barn", this property consists of 5 units (utility suites) and produces consistent and reliable income. A new steel roof and other exterior improvements were completed in the Fall of 2022. The 4 units in the main building have been recently remodelled and have newer appliances. Unit 1: 1 bedroom, 1 bath, 711 square feet. Rent is $2000/month. This unit has been completely renovated and updated with new kitchen, appliances, flooring, washroom (w/ heated floors), exterior doors, 200 AMP panel and gas furnace. This unit will be vacant upon closing. Unit 2: This unit was recently updated. 1 bedroom, 1 bath, 420 square feet. Heat: Gas space heater. The rent is $1250/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater (2022). Rent is $1300/month. Unit 4: This unit was recently updated. 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $1150/month. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $800/month. This unit is a stand alone unit at #150 Park Road. A newer rental hot water heater (rental) services all the units with the exception of #150 Park Road which has its own hot water heater (owned). To service the tenants and to provide an additional revenue stream, the laundry room offers newer commercial MayTag coin-op washing machine and gas dryer. Two newer sump pumps were added for excellent drainage. There is a large utility room which provides additional storage and there are 5 dedicated parking spaces as well. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage. With four of the five units renovated, this building produces strong income.
Location
Province ON
County Muskoka
Area Muskoka
Zoning R2
Rooms
Family Room No
Basement Finished, Full
Kitchen 5
Interior
Interior Features Other
Cooling Wall Unit(s)
Inclusions Fridge and Stove in all units. Small hot water tank and cooktop in Apartment 5, commercial grade washer and dryer & hot tub.
Exterior
Pool None
Roof Type Metal
Lot Frontage 77.3
Lot Depth 143.8
Total Parking Spaces 5
Building
Foundation Concrete
Others
Senior Community No
ParcelsYN No
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Listed by RE/MAX Professionals North
Nearby School & Business
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