$1,199,000
Available - For Sale
Listing ID: S10423677
461 Penetanguishene Rd , Oro-Medonte, L4M 0H1, Ontario
| 461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area's Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities! |
| Extras: 100 Amps In Blue House & Separate Meter For Motel Strip, 100 Amps. |
| Price | $1,199,000 |
| Taxes: | $7403.00 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 461 Penetanguishene Rd , Oro-Medonte, L4M 0H1, Ontario |
| Postal Code: | L4M 0H1 |
| Province/State: | Ontario |
| Legal Description: | Pt Lot 7, Con1 Epr Oro As In R01088798, |
| Directions/Cross Streets: | Highway 400 & Highway 11 |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 7.26 |
| Total Area Code: | Acres |
| Area Influences: | Grnbelt/Conserv Major Highway |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Sprinklers: | N |
| Heat Type: | Oil Forced Air |
| Central Air Conditioning: | N |
| Elevator Lift: | None |
| Sewers: | Septic |
| Water: | Well |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Oro-Medonte |
| Neighbourhood: | Rural Oro-Medonte |
| Tax: | $7,403 |
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