ON > South River > South River
South River, ON P0A 1M0,18 Roselawn BLVD
South River, ON P0A 1M0,18 Roselawn BLVD
South River, ON P0A 1M0,18 Roselawn BLVD
South River, ON P0A 1M0,18 Roselawn BLVD
South River, ON P0A 1M0,18 Roselawn BLVD
South River, ON P0A 1M0,18 Roselawn BLVD
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Mike Taylor

Mike Taylor

Nine Mile Realty

+1(705) 985-1110
$ 799,900
Est. payment | /mo

8 Beds

8 Baths

Save Virtual Tour
$ 799,900
Est. payment | /mo
Save Virtual Tour

8 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision South River

MLS Listing ID X12198359

Style Bungalow

Bedrooms 8

Annual Tax Amount $7,696

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 8-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $57,882.78. Total lot area is 9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents.

Location

Province ON

County Parry Sound

Community South River

Area Parry Sound

Rooms

Family Room No

Basement Crawl Space

Kitchen 8

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.0

Lot Depth 428.0

Total Parking Spaces 8

Building

Foundation Insulated Concrete Form

Others

Virtual Tour https://youtu.be/KWBemqJx7rA

Listed by RE/MAX Parry Sound Muskoka Realty Ltd
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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18 Roselawn BLVD