Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the property’s rental potential. With a strong cap rate of 6% and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable 13.5% cash-on-cash return in the first year with just 15% down. To sweeten the deal, we’re offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. Reach out today for the full detailed packagedon’t miss out!
MLS# | 40694075 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 88 |
Listing Provided By | Platinum Lion Realty Inc. | Tomasz Skublak |
SQ Feet | 11,464 |
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Story(s) | 3 |
Zoning | R1 |
Province | ON |
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County | Simcoe County |
City | Wasaga Beach |
Postal Code | L9Z 2H5 |
Area | Wasaga Beach |
Subarea | WB01 Wasaga Beach |
Community Name | WB01 Wasaga Beach |
Listing VS Median (in WB01 Wasaga Beach) | |
Price: $2,199,999 low | high Med: $771,700 SqFt: 11,464 low | high Med: 1,349 $ / SqFt: $192 low | high Med: $573 On site: 88 low | high Med: 33.000000 |