767 Second Avenue, Tay Township, ON Port McNicoll

$899,900
SKU: S12127144
Property type: Fourplex
Area (Sq Ft)
1730
Bedrooms
4
Bathrooms
4

The space

  • Property Type : Multi-Family
  • Building Type : Fourplex
  • Storeys : 2
  • Land Size : 39.4 x 119.6 FT
  • Age Of Building : 0 to 5 years
  • Appliances Included : Range, Stove, Refrigerator
  • Features : Flat Site, Dry
  • Foundation Type : Concrete
  • Building Amenities : Separate Heating Controls
  • Structures : Deck
  • Cooling : Ventilation System, Air Exchanger
  • Heating Type : Baseboard Heaters (Electric)
  • Utility Sewer : Sanitary Sewer
  • Water : Municipal Water
  • Exterior Finish : Vinyl Siding
  • Amenities Nearby : Beach, Marina, Park
  • Total Parking Spaces : 8
  • Frontage : 39 ft, 4 in
  • Land Depth : 119 ft, 7 in
  • View : Lake View
  • Zoning Description : R2-15
  • Surface Water : Lake/Pond

Description

Attention Investors! HST included in the purchase price. This 2 year old purpose-built fourplex is fully leased with each of the four 1-bedroom units generating $1,600/month plus hydro ($76,800 total income per year). Each unit includes a private 6’x16’ on-site storage locker, offering added convenience and value to tenants. Yearly expenses: insurance $3200, taxes $3326, water/sewer $1800, grass $400 and snow removal $1076. Situated in an unbeatable location just steps from the water and scenic recreational trails, this property appeals to quality renters seeking both lifestyle and comfort. Whether you’re a seasoned investor or just starting out, this is your chance to secure a modern, hassle-free asset in a desirable area. Invest with confidence and enjoy steady rental income from day one.

Contact the Agent

Eric Beutler

Sales Representative
Meet Eric Eric is no stranger to Real Estate, having made many Real Estate transactions as ‘a client’, he has a clear understanding of how it feels to be in the middle of a transaction. This feeling has really helped Eric resonate with his clients and empathize with the support and guidance that they will need.  A family man, Eric loves to be outside as much as possible, spending time camping, fishing and skiing. Despite rupturing both Achilles Tendons, Eric is very involved in the community athletic world with himself and his children. When not outside, Eric enjoys woodworking and making custom furniture.  Eric is a problem solver and nothing motivates him more than finding a solution to a challenge and being able to do things for others. Whether it’s cleaning up someone’s yard, making a custom table, negotiating the best deal or even just being a support to someone…