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$ 1,680,000
Est. payment | /mo
2 SqFt
$ 1,680,000
Est. payment | /mo
2 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $840,000
Subdivision Georgian Bluffs
MLS Listing ID X13733408
Annual Tax Amount $7,020
Tax Year 2026
Property Sub-Type Investment
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.
Location
Province ON
County Grey County
Area Grey County
Zoning PD - Planned Development
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Lot Frontage 331.47
Lot Depth 298.73
Others
Security Features No
ParcelsYN No
Listed by ED LOWE LIMITED
Nearby Locations
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