$1,299,000
Est. payment /mo
2,000 SqFt
Active
119 THOMPSON LN Saugeen Shores, ON N0H 2L0
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UPDATED:
12/11/2024 02:08 AM
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!
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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