For Sale

1070 592 Highway Unit# 1070, Perry, Ontario P0A1J0

$2,150,000

1070 592 Highway Unit# 1070, Perry, Ontario P0A1J0 is For Sale and has a listing price of 2,150,000. The property is located in the Perry neighbourhood. It's been on the website for 66 Days.

  • Business
    Property Type
  • 16
    Bedrooms
  • 10
    Bathrooms
  • 20
    Parking Spaces
  • MLS ID: X10440139
  • Office Name Royal LePage Lakes Of Muskoka Realty,Royal LePage
Property Description

“”The Blue Jay”” presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, “”The Blue Jay”” offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. The new building constructed in 2019 is not subject to rent control. With solid rental income and a desirable location, “”The Blue Jay”” is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:43137)

Property Details
  • Bedrooms: 16
  • MLS ID: X10440139
  • Bathrooms: 10
  • Price: $2,150,000
  • Transaction Types: For Sale
  • Ref ID: 27562570
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/21/2024 X10440139 $2,150,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Perry
  • $658,101 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 137.34 % Up
  • Sold (12mo) 6
  • Rented (12mo) 0

  • 1 Month Change -35.1%
  • 3 Month Change -22.9%
  • 6 Month Change +13.6%
Walkscore
Property Type Distribution
  • All Houses
    75%
  • Commercial
    17.93%
  • Condo
    0.54%
  • Land for Sale
    6.52%
Additional Details
  • Sewers Septic System
  • Heat Source Electric
  • Basement2 None
  • Water Well
  • Exterior Vinyl Siding
  • Cooling System None
  • Total Parking Spaces: 20
  • Property Features Crushed Stone Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/10/2024 00:00:00
  • Zoning Dmc
  • Agent Name: LEN CLARKE,COREY BROWN
  • Address Subdivision: Emsdale
  • Last Updated: 03/12/2024 22:59:33
Open House Dates
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