1070 592 N/A N Active

Perry,ON P0A 1J0

$ 2150000

- Bed

10 Baths

5100 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $421

MLS Listing ID X10440139

Annual Tax Amount $5,583

Tax Year 2024

Lot Size 0.500 Acres

Property Description

"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!

Location

Province ON

County Parry Sound

Area Parry Sound

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Other

Garage Spaces 20.0

Pool None

Utilities Available Unknown

Roof Type Metal

Total Parking Spaces 20

Building

Lot Description Irregular Lot

Foundation Concrete Block

New Construction false

Others

Security Features Unknown

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