415 Main Street, Georgian Bluffs, ON N0H 2K0

For Sale 158 days on Market MLS® X12513430

Asking Price

$1,700,000

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415 Main Street, Georgian Bluffs, ON N0H 2K0

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Overview

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Fabulous purpose built apartment building in the lovely village of Shallow Lake. Located in a quiet residential area, this rental complex features 8 - 2bed 1bth apartments and 2- 1bd 1bth apartments. Each unit is 2storeys with plenty of living space and a partially fenced patio. Well maintained, the property is fully leased. Leases include utilities. Heating is with gas wall units on the main level and electric baseboard on the second floor. Property is on municipal water and has a septic system updated in 2019. Coin op laundry in the building. Property features plenty of parking space, metal roof, LED lighting, updated flooring, updated septic. Good income with long term tenants.

Bedrooms

Bathrooms

10.0

Area

5,000 sqft

Lot Size

2.3 acres

Type

Multiplex

Property Details

Year Built1986

CityGeorgian Bluffs

Postal CodeN0H2K0

Lot Dimensions331.47 × 298.73 ft

Parking19 spaces

Interior Features

Heat: Baseboard

Heat Source: Electric

Cooling: None

Style: 2-Storey

Exterior & Land

Sewer: Septic

Construction: Stucco (Plaster)

Roof: Metal

Utilities & Services

Heat SourceElectric

SewerSeptic

Financial Information

List Price$1,700,000

Annual Taxes$7,740 (2024)

Days on Market158

MLS® X12513430 • Listed by Royal LePage RCR Realty

415 Main Street, Georgian Bluffs, ON N0H 2K0

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Purchase Calculator

Home Price

$1,700,000.00

Location

Down Payment

$357,000.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

415 Main Street, Georgian Bluffs, ON N0H 2K0

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