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Home ON Greater Midland Tay
54 COLDWATER ROAD
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54 COLDWATER ROAD $689,000
$689,000
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54 COLDWATER ROAD
Tay (Waubaushene), Ontario L0K2C0

MLS® Number: S12178961
4
Bedrooms
4
Bathrooms
1500 - 2000
Square Feet

Listing Description

Discover an exceptional investment opportunity with this turnkey fourplex, ideally situate on a spacious lot in Waubaushene, just moments from the picturesque Georgian Bay. Each unit had extensive interior renovations completed in 2023 including adding ensuite laundry to each unit. Each unit is individually metered for hydro, minimizing your expenses as the owner. With no shared interior common areas, your only utility expense consideration is water. This property comprises of four charming one-bedroom units, with three units currently leased at competitive rates, and one unit left vacant for a future buyer who can choose to move into the unit or rent it out at market rents. With ample parking and an expansive lot, this gem also features a modernized septic system installed in 2018. The vast lot offers exciting possibilities for potential re-zoning and building additional units - subject to Buyer doing all of their own due-diligence. Conveniently located near marinas and the scenic Tay Trail, this property offers easy access to Hwy 400 for effortless commutes to Barrie or Orillia. Furthermore, the seller offers a Vendor Take Back (VTB) option and one year of complimentary property management, making this already lucrative investment opportunity even more enticing. (40558031)

Location Description

Coldwater Rd & Duck Bay Rd

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
1
Square Footage
1500 - 2000 sqft
Community Name
Waubaushene
Land Size
91.8 x 268 FT|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$3,375.91
Parking Type
No Garage
Time on REALTOR.ca
67 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Building Features
Features
Carpet Free
Foundation Type
Slab
Architecture Style
Bungalow
Building Amenities
Separate Electricity Meters
Structures
Drive Shed
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Electricity (Installed)
Utility Sewer
Septic System
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Beach, Marina, Schools, Place of Worship
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Ground level
Bedroom

Land

Lot Features
Frontage
91 ft ,9 in
Land Depth
268 ft
Other Property Information
Zoning Description
R1
Waterfront Features
Surface Water
Lake/Pond
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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