415 Main Street
Georgian Bluffs, N0H 2K0
FOR SALE
$1,680,000
➧
➧
Investment
CATEGORY 331.47 x 298.73
LOT SIZE X13733408
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Property Description
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.
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Property Details
Address
415 Main Street
Community
City
Postal Code
N0H 2K0
Property Type
Investment, Investment
Use
Apartment
Zoning
PD - Planned Development
Lot Size
331' x 299'
Acreage
2.1 Feet
Taxes
$7,020 (2026
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
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Listing contracted with Ed Lowe Limited
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