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1070 592 Highway N Emsdale, Ontario P0A 1J0

16 Bedroom 10 Bathroom 5100 sqft
None

$2,150,000

The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:11731)

Property Details

MLS® Number 40666008
Property Type Multi-family
Community Features Quiet Area
Features Crushed Stone Driveway
Parking Space Total 20

Building

Bathroom Total 10
Bedrooms Total 16
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric
Stories Total 2
Size Interior 5100 Sqft
Utility Water Well

Land

Access Type Water Access, Road Access, Highway Access
Acreage No
Sewer Septic System
Size Frontage 205 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R3

https://www.realtor.ca/real-estate/27562570/1070-592-highway-n-emsdale