461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area's Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities! |
Extras: 100 Amps In Blue House & Separate Meter For Motel Strip, 100 Amps. |
Price | $1,199,000 |
Taxes: | $7403.00 |
Tax Type: | Annual |
Occupancy by: | Own+Ten |
Address: | 461 Penetanguishene Rd , Oro-Medonte, L4M 0H1, Ontario |
Postal Code: | L4M 0H1 |
Province/State: | Ontario |
Legal Description: | Pt Lot 7, Con1 Epr Oro As In R01088798, |
Directions/Cross Streets: | Highway 400 & Highway 11 |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 7.26 |
Total Area Code: | Acres |
Area Influences: | Grnbelt/Conserv Major Highway |
Financial Statement: | N |
Chattels: | Y |
Franchise: | N |
Sprinklers: | N |
Heat Type: | Oil Forced Air |
Central Air Conditioning: | N |
Elevator Lift: | None |
Sewers: | Septic |
Water: | Well |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Oro-Medonte |
Neighbourhood: | Rural Oro-Medonte |
Tax: | $7,403 |