5880 RAMA DALTON BOUNDARY ROAD Sebright

5880 RAMA DALTON BOUNDARY ROAD, Sebright, Ontario

$875,000

  • 9 Beds
  • 4 Baths
  • 3,772 Square Feet

Growth Opportunity in Ramara Township Bordering Kawartha Lakes! Located at the corner of Monk Rd and Rama Dalton Boundary Rd, this property offers exceptional exposure for your business. Enjoy the convenience of living and working in the same location, with a potential annual positive cash flow of $9,000 with 100% financing at a 5.5% mortgage interest rate over a 30-year amortization. The owner is willing to consider a second mortgage take-back for qualified buyers. This mixed-use property is currently zoned for both commercial and residential use, offering significant upside potential. The property is a commercial residential duplex with four income-generating units, a coin laundry room, a large rented garage, and outdoor parking lot storage. Additionally, there is a large green space for both commercial and residential tenants to enjoy. Recent extensive upgrades relieve the pressure on the new buyer, including a new roof, siding, windows, fascia, soffit, and gutters. All residential units have been upgraded in the past two years, with three units featuring new kitchens, flooring, lighting, bathroom fixtures, and fresh paint. This property consistently generates income with ample room for expansion. There is potential to add storage rental units, a commercial building/shop, or additional residential units. (id:56241)

  • Listing ID: 40625778
  • Property Type: Multi-family

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Details

  • Community Features: School Bus
  • Features: Crushed stone driveway, Laundry- Coin operated, Sump Pump
  • Ownership: Freehold
  • Parking Spaces: 20
  • Structure: Workshop
  • Transaction: For sale
  • Zoning Description: C3

Building

  • Appliances: Microwave
  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Constructed Material: Concrete block, Concrete Walls
  • Cooling: None
  • Exterior Finish: Concrete, Vinyl siding
  • Fireplace Present: False
  • Bathrooms (Total): 4
  • Heating: Baseboard heaters, Forced air
  • Heating Fuel: Natural gas, Propane
  • Size Interior: 3772 sqft
  • Stories Total: 2
  • Utility Water: Well

Land

  • Access Type: Road access
  • Fence: Partially fenced
  • Sewer: Septic System
  • Size Frontage: 167 ft
MLS®

Listing provided by Lakeview Realty Inc., Brokerage, Orillia
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5880 RAMA DALTON BOUNDARY ROAD in Sebright Ontario. It was last modified on August 26th, 2024. Contact Mark Egan to schedule a viewing or to discover other Sebright real estate for sale.

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