415 Main Street

Georgian Bluffs, ONMulti-family
$1,680,000
MLS® X13733408
Multi-family[object Object]
415 Main Street, Georgian Bluffs, ON photo 1
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About This Property

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. (id:63604)

Key Facts

Type
Multi-family
Size
2 sqft
Lot
2.114
Property Details 13 details
Living area
2
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Hot water radiator heat, Forced air, Natural gas
Fireplace
No
Lot dimensions
2.114
Lot area
2.11 acres
Frontage
331.50 feet
Taxes
$7,020.00 (2,025)
Zoning
PD - Planned Development
Water source
Municipal water
Sewer
Septic System

Lot and water

Irregular lot size
Mortgage & Affordability Estimate monthly costs
Purchase price$1,680,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Georgian Bluffs
City
Georgian Bluffs
Postal code
N0H 2K0
Nearby
Cross Streets: Main St and Howe Dr. ** Directions: Hwy 26 to 16th St E over to Hwy 6, right on McInnis St, left on Main St.