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54 COLDWATER ROAD, Tay, Ontario

$699,000

4 Beds
4 Baths

Discover an exceptional investment opportunity with this turnkey fourplex, ideally situate on a spacious lot in Waubaushene, just moments from the picturesque Georgian Bay. Each unit had extensive interior renovations completed in 2023 including adding ensuite laundry to each unit. Each unit is individually metered for hydro, minimizing your expenses as the owner. With no shared interior common areas, your only utility expense consideration is water. This property comprises of four charming one-bedroom units, with three units currently leased at competitive rates, and one unit left vacant for a future buyer who can choose to move into the unit or rent it out at market rents. With ample parking and an expansive lot, this gem also features a modernized septic system installed in 2018. The vast lot offers exciting possibilities for potential re-zoning and building additional units - subject to Buyer doing all of their own due-diligence. Conveniently located near marinas and the scenic Tay Trail, this property offers easy access to Hwy 400 for effortless commutes to Barrie or Orillia. Furthermore, the seller offers a Vendor Take Back (VTB) option and one year of complimentary property management, making this already lucrative investment opportunity even more enticing. (id:23309)

Listing ID: S12178961
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Ground level	3 m x 2.75 m

Details

Architectural Style: Bungalow
Amenities Nearby: Beach, Marina, Schools, Place of Worship
Community Features: School Bus
Features: Carpet Free
Parking Spaces: 6
Structure: Drive Shed
Transaction: For sale
Zoning Description: R1

Building

Amenities: Separate Electricity Meters
Appliances: Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Architectural Style: Bungalow
Bedrooms Main Level: 4
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Slab
Bathrooms (Total): 4
Heating: Baseboard heaters
Heating Fuel: Electric
Size Interior: 1500 - 2000 sqft
Stories Total: 1
Type: Fourplex
Utility Water: Municipal water

Land

Amenities: Beach, Marina, Schools, Place of Worship
Sewer: Septic System
Size Frontage: 91 ft ,9 in
Size Irregular: 91.8 x 268 FT
Surface Water: Lake/Pond

Listing provided by REAL BROKER ONTARIO LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 54 COLDWATER ROAD in Tay Ontario. It was last modified on May 28th, 2025. Contact the Lausic Team to schedule a viewing or to discover other Tay real estate for sale.

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