415 Main Street

Georgian Bluffs, ON N0H2K0

About this property

Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards. (id:13843)

About this property

Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards. (id:13843)

Features and Additional Information

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$1,680,000 Active
0 sqft

Presented By Trevor Docherty, Broker/Owner

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Get in touch today! Phone: 1-705-787-5060
Brokerage
ED LOWE LIMITED
1-705-726-3871
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Area Information

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$ 1,680,000
This listing is play_arrow 156.5% higher than the average in the area
$ 654,950 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
68 days on site
This listing is play_arrow 49.5% above the average in the area
46 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By BRUCE BROWN
Brokerage: ED LOWE LIMITED

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