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$ 3,360,000
Est. payment | /mo
$ 3,360,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Macaulay
MLS Listing ID X12636902
Annual Tax Amount $17,737
Tax Year 2025
Property Sub-Type Investment
Property Description
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land, included, of which the owner is in the process of zoning and severing for a proposed 14 unit Apartment Building. The building can be purchased with or without the extra acre + of land. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $5,331/yr and Hydro $1,516/yr. Tenant pays utilities. Common are payable by Owner.
Location
Province ON
County Muskoka
Community Macaulay
Area Muskoka
Zoning R4, EP1
Interior
Cooling No
Exterior
Utilities Available Yes
Others
ParcelsYN No
Listed by ED LOWE LIMITED
Nearby Locations
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