| Message Number | 44899 | ||||||||
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| subject | 7.8% Cap rate, Haven Seniors living is located in the heart of the Kawarthas. 10 unit property that has great income greared to senior tenants. a must see. | ||||||||
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| City | Fenelon Falls | ||||||||
| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Business Opportunities Apartment buildings/multi unit/condo townhouse projects/investments |
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| Have/Want Date | June 18 2025 | ||||||||
| Property Type | Business for sale | ||||||||
| Location | 1578 County Rd 8 Bobcaygeon. | ||||||||
| Price | $ 1,480,000 | ||||||||
| Size | 1.3 acres | ||||||||
| Building area | 10, 000 SQ feet | ||||||||
| Cap Rate | 7.8 | ||||||||
| Comments | A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for senior living and boasts a strong 7.8% cap rate with AAA tenants already in place. Located just steps from Eganridge Resort, this property offers the perfect blend of tranquility and convenience - only 1.5 hours from the GTA.The building features, 8 private single units, 1 two-bedroom apartment, 1 commercial unit currently used as a residential suite. Shared amenities including a spacious dining area with a cozy fireplace, a bright and welcoming lounge with a second fireplace, a fully-equipped commercial kitchen, and a common laundry room. Sitting on a 1.3-acre lot, the property offers generous green space and ample parking. Each unit includes a private walk-out patio, adding to the comfort and independence of its residents. Tenants are currently served lunch and dinner daily, making this a turnkey opportunity for those looking to semi-retire in the Kawarthas with a passion for cooking. Alternatively, investors can hire staff to manage meals and rent out the owner's suite for additional income. Whether you're looking to expand your real estate portfolio or embrace a lifestyle investment, this unique property delivers. Add this gem to your investment portfolio today! | ||||||||
| Internet links | https://www.realtor.ca/real-estate/28259049/1578-county-road-kawartha-lakes-verulam-verulam?propertyId=28259049& | ||||||||
| Control | MLS | ||||||||
| First Name | Michael | ||||||||
| Last Name | Jancsik | ||||||||
| title (if any) | Broker | ||||||||
| Are you a broker/sales person? | YES | ||||||||
| Company Name | Royal Heritage Realty | ||||||||
| City | Bobcaygeon | ||||||||
| State/Province | ON | ||||||||
| Zip/Postal Code | K0M 1A0 | ||||||||
| Country | Canada | ||||||||
| Phone Number | (705)879-7428 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |