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. 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 $1250.00/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater. Rent is $922.50/month. Unit 4: 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $903.50. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $765/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 as well as 5 parking dedicated parking spaces. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage.
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
143'10"43.8 m
Lot Frontage:
77'4"23.6 m
Direction Faces:
West
Bedrooms:
5
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
5
Kitchens Above Grade:
5
Rooms Above Grade:
23
Zoning:
R2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Metal
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$4,718.23 /
2024
Assessment:
$- /
-
Muskoka
Bracebridge
Macaulay
School
Other
Hot water tank
Fridge and stove in all units. Small hot water tank and cook top in Apartment 5, snowblower, lawnmower (as-is), hot tub.
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