Saugeen Shores, ON N0H 2L0,119 THOMPSON LN
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$ 1,299,000
Est. payment | /mo

2,000 SqFt


$ 1,299,000
Est. payment | /mo

2,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $649

MLS Listing ID X10846723

Annual Tax Amount $5,171

Tax Year 2023

Property Description

Nestled in the heart of charming Southampton, this exceptional five-cottage court presents a rare investment opportunity. The property boasts a recently renovated home and four two bedroom, virtually all-new cottages, all built within the last five years. Each residence features a new poured concrete foundation with a four-foot crawlspace, ensuring durability and peace of mind.
Every cottage is equipped with natural gas forced air heat and central air conditioning, providing optimal climate control and energy efficiency. Additionally, each unit has its own on-demand gas water heater. (Technically speaking: IBC SFC 199 SUPERFLO combo Boilers. IBC AHU 800 air handlers. Continental CT13 air-conditioners).The property also features a spacious, paved parking lot and a convenient laundry building with two stackable gas washers and dryers (Whirlpool- WGT4027HW). This low-maintenance property is perfect for investors seeking hassle-free management operated offsite, and its existing, reliable, long term tenants ensure steady rental income. The tranquil atmosphere and ideal location make it a desirable place to live, with Southampton's vibrant downtown core and stunning main beach just a stone's throw away. If you're seeking a long-term investment property with unparalleled potential, look no further. This cottage court offers a unique combination of modern comforts, prime location, and lucrative returns. Don't miss this exceptional opportunity! Be sure to click on the MULTIMEDIA or VIRTUAL TOUR BUTTON below!

Location

Province ON

County Bruce

Community Saugeen Shores

Area Bruce

Region Saugeen Shores

City Region Saugeen Shores

Rooms

Basement Unfinished, Crawl Space

Kitchen 0

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Other

Garage Spaces 8.0

Pool None

Utilities Available Unknown

Roof Type Shingles

Total Parking Spaces 8

Building

Lot Description Irregular Lot

Foundation Poured Concrete

New Construction false

Others

Security Features Unknown

Listed by Royal LePage D C Johnston Realty Brokerage
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8854 Yonge St, L4C 0T, Hill, Ontario, Canada

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119 THOMPSON LN