LOADING

415 Main Street Georgian Bluffs, Ontario N0H 2K0

2 ac
None Forced Air, Hot Water Radiator Heat Acreage

$1,680,000

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:57276)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13733408
Property Type Multi-family
Community Name Georgian Bluffs
AmenitiesNearBy Recreation
Features Irregular Lot Size

Building

CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air, Hot Water Radiator Heat
SizeInterior 2 Ac
Type Multi-family
UtilityWater Municipal Water

Land

Acreage Yes
LandAmenities Recreation
Sewer Septic System
SizeDepth 298 Ft ,8 In
SizeFrontage 331 Ft ,5 In
SizeIrregular 2.114
SizeTotal 2.114 Ac
SizeTotalText 2.114 Ac
ZoningDescription Pd - Planned Development

https://www.realtor.ca/real-estate/30221483/415-main-street-georgian-bluffs-georgian-bluffs

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Bruce Brown
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Carole Perron
Salesperson

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