Featured Property

Orillia, Ontario

Investment Opportunity - Fully tenanted 9 Plex in north ward of Orillia! Newly constructed 9-plex in 2016, converted from a motel, presenting a 6% cap rate. All 9 units have up to current market rents. All units have been upgraded to meet current market demands, ensuring maximum rental potential. With 8 one-bedroom units and 1 three-bedroom unit, this property caters to a diverse tenant base, allowing for steady occupancy and reliable income streams. There has been zero vacancy since 2016. The public coin laundry facility enhances the income potential of this investment, there's room and hook-ups to accommodate additional machines. Each tenant has a dedicated parking space. Additionally there are four visitor parking spaces. Each unit also has private yards. For detailed financial information don't hesitate to inquire within. (id:46421)

Penetanguishene, Ontario

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities. (id:46421)

Penetanguishene, Ontario

8000 s.f. building - Seller making application to rezone to permit 16 apartments in the existing building. Existing house will be severed and detached from the building and not included in purchase price. Great opportunity to renovate and add onto the existing structure for income producing multi-residential building in great location just off Hwy 93/downtown Penetanguishene, with views of Georgian Bay. Or buy to run as existing 23 room retirement home, without the currently attached house, garage and shop (all to be severed off). (id:46421)

Penetanguishene, Ontario

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities. (id:46421)

Innisfil, Ontario

**Prime Investment Opportunity: Versatile Property with Strong Income and Development Potential**Discover an exceptional investment opportunity on over half an acre of prime real estate, featuring four structures including two houses WITH 7 RENTAL UNITS & A SPACIOUS SHOP. Currently, the property is fully leased to 8 tenants, generating substantial returns. This versatile property offers tremendous potential for future development. With ample space, consider the possibility of constructing a small subdivision or other high-yield projects. The opportunities are limitless for savvy investors looking to capitalize on a property with existing income and significant growth prospects. Don't miss out on this unique chance to expand your portfolio with a property that promises both immediate returns and long-term potential. **** EXTRAS **** ***** 2 PIN PROPERTY **** (id:46421)

Barrie, Ontario

This legally registered residential duplex presents a prime opportunity for any astute investor. Nestled in a tranquil part of the city, it sits on a premium lot that directly backs onto MaCmorrison Park, offering serene views and ample recreational space. The property features two generously sized 2-bedroom suites, perfect for rental income or multi-generational living. The location is particularly advantageous, with nearby schools, shopping, RVH, Georgian College, and Lake Simcoe adding convenience to everyday living. The house is meticulously maintained and showcases a well-presented interior and exterior. Each suite is bathed in natural light, creating spacious and inviting living environments with laundry in each unit, updated shingles (2020), and a gas furnace (2021). The garage space was altered slightly to accommodate the main floor bathroom. Combining a peaceful setting with proximity to essential amenities, this property is a standout choice for investors and homeowners seeking a versatile and appealing residence. (id:46421)

Barrie, Ontario

ATTENTION INVESTORS - FOUR HOMES ON ONE PROPERTY!!! Beautiful & well kept Victorian home converted to two units plus three 1350 sq ft townhomes, two w/walkout basement apartments. Total of SEVEN rental units, fully occupied with $150,000+ annual rental income. All units come with separate laundry. Massive 109' x 165' lot with RM2 zoning, potential for development/expansion. Many recent upgrades & renos in 2024. RARE one of a kind opportunity!!! Financial details available upon request. (id:46421)

Tay, Ontario

Are you looking for a way to beat the market? Interest rates are continually dropping. Unlike the majority of other properties on the market, this one actually cash flows. This is a phenomenal opportunity to own a piece of real estate with not 1,not 2, but 6 sources of income! This property features 6 residential apartment units, a generously sized lot and healthy income with room for improvement. Net income is $5,531.93 per month. Mortgage estimated at $4,253.80. That is $1,278.13 positive cash flow every month. These calculations are based on a 3.99% interest rate and a 20% down payment. As rates drop the cash flow will increase. The units are currently renting at an average of $1,130 per month, well below market value. With the opportunity to renovate as tenants vacate these units are estimated to lease out at an average of $1,650 per month. That would increase cash flow by an astounding $3,120.00 per month! In total the net cash flow would be $4,398.13. Once this process is completed, there is the opportunity to refinance based on the increased cash flow. This would allow you to potentially pull equity from this property to acquire more real estate and continue growing. Investing in real property is one of the best strategies to protect your wealth and hedge against inflation. Do not let this opportunity slip through your fingers. With rates dropping this property only becomes more and more attractive every day. This information is included for example only and is not meant to be taken as financial, legal, or tax advice.We invite you to seek the advice of your mortgage broker, accountant, lawyer, and contractor to create a plan that works best for you. Minimum of 48 hours notice before all showings. (id:46421)

Tay, Ontario

Are you interested in owning apartment units? Are you interested in owning commercial units? Are you interested in owning cash positive real estate? If you answer yes to these questions then this is the property for you. Gross income of $107,400. Net income of $93,150.64. Room to improve. Huge basement not occupied, additional storage unit not occupied. (id:46421)

Barrie, Ontario

Multi residential opportunity on 1/4 acre parcel across from the waterfront of Kempenfelt Bay and high density condo development. This property comprises of two buildings, one eight plex plus a detached rental home. Each unit features 1 bedroom unit. Tenants are responsible for covering their own gas, hydro, water and cable expenses. Information on income and expenses available on request. Property must be purchased with neighboring property at 1 Berczy St, Barrie. (id:46421)

Midland, Ontario

Don't Miss Out on This Fantastic Investment Opportunity! This centrally located, Duplex in Midland offers versatility and potential. Featuring a spacious main residence with three bedrooms and an additional legal two-bedroom apartment, it's perfect for generating rental income or multi-generational living. Situated near schools, shopping centers, and downtown, convenience is at your doorstep. The main residence boasts updated wiring, a modern kitchen, and generous living and dining spaces. Currently, both units are on a month-to-month lease, ready for owner occupancy. Whether you're an investor or looking for a place to call home, this property is a must-see! Schedule a viewing today and seize this opportunity before it’s gone! (id:46421)

Tay, Ontario

Are you looking for a way to beat the market? Interest rates are continually dropping. Unlike the majority of other properties on the market, this one actually cash flows. This is a phenomenal opportunity to own a piece of real estate with not 1,not 2, but 6 sources of income! This property features 6 residential apartment units, a generously sized lot and healthy income with room for improvement. Net income is $5,531.93 per month. Mortgage estimated at $4,253.80. That is $1,278.13 positive cash flow every month. These calculations are based on a 3.99% interest rate and a 20% down payment. As rates drop the cash flow will increase. The units are currently renting at an average of $1,130 per month, well below market value. With the opportunity to renovate as tenants vacate these units are estimated to lease out at an average of $1,650 per month. That would increase cash flow by an astounding $3,120.00 per month! In total the net cash flow would be $4,398.13. Once this process is completed, there is the opportunity to refinance based on the increased cash flow. This would allow you to potentially pull equity from this property to acquire more real estate and continue growing. Investing in real property is one of the best strategies to protect your wealth and hedge against inflation. Do not let this opportunity slip through your fingers. With rates dropping this property only becomes more and more attractive every day. This information is included for example only and is not meant to be taken as financial, legal, or tax advice.We invite you to seek the advice of your mortgage broker, accountant, lawyer, and contractor to create a plan that works best for you. Minimum of 48 hours notice before all showings. (id:46421)