Fabulous purpose built apartment building in the lovely village of Shallow Lake. Located in a quiet residential area, this rental complex features 8 - 2bed 1bth apartments and 2- 1bd 1bth apartments. Each unit is 2storeys with plenty of living space and a partially fenced patio. Well maintained, the property is fully leased. Leases include utilities. Heating is with gas wall units on the main level and electric baseboard on the second floor. Property is on municipal water and has a septic system updated in 2019. Coin op laundry in the building. Property features plenty of parking space, metal roof, LED lighting, updated flooring, updated septic. Good income with long term tenants.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
5000 +
Lot Depth:
298'8¾"91.1 m
Lot Frontage:
331'6"101 m
Direction Faces:
South
Bedrooms:
18
Bathrooms:
10.0
Water supply:
Municipal
Kitchens:
10
Bedrooms Above Grade:
18
Kitchens Above Grade:
10
Rooms Above Grade:
48
Zoning:
PD
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Slab
Roof:
Metal
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
19
Total Parking Spaces:
19.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$527,000
Assessment Year:
2025
Taxes:
$7,740 /
2024
Assessment:
$527,000.00 /
2025
Grey County
Georgian Bluffs
Georgian Bluffs
None
Fridge and stove in each unit, 2 coin op washers and 2 coin op dryers
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