12289 Lakeshore Rd - Apartments FOR SALE


Wainfleet, ON L0S 1V0
$1,385,000 CAD
905-574-4600

NO PHOTO

$1,385,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

12289 Lakeshore Rd
Wainfleet, ON L0S 1V0


HIGHLIGHTS

  • Natural Light
  • Ample Parking
  • Retail Amenities nearby

OVERVIEW

Fantastic multi unit investment opportunity in sought after Long Beach! Five separate units in 4 buildings offer excellent year round income in 3 units and seasonal income in 2 units. Direct access walkway to world class sand beach! All units updated and well kept by long term caring owners. Main unit The Lodge features sprawling deck, vaulted ceilings, huge oak kitchen, eating bar/island and built in appliances. Serenity offers two units, large garage/workshop and separate outdoor spaces including raised deck with lake views! Live in The Lodge and rent the other four or use the whole property as your family compound at the beach! Seller has made a number of recent property improvements (septic, fire prevention and water) to obtain a short term rental license from Wainfleet Township for all units.

FOR SALE DETAILS

PRICE

$1,385,000 CAD

PRICE/SF

$274 CAD /SF

# OF UNITS

5

PRICE/UNIT

$277,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,826 SF

ZONING

RR1/R1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Isaac PhillipsRoyal LePage State RealtyMore Info
905-574-4600

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Isaac PhillipsRoyal LePage State RealtyMore Info
905-574-4600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.