$1,385,000

Investment For Sale In Wainfleet, Ontario

$1,385,000

Property Information:

Fantastic multi unit investment opportunity in sought after Long Beach! Five separate units in 4 buildings offer excellent year round income in three units and seasonal income in two 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! Note: 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.

Inclusions: B/I Stove, B/I Oven, 5 Fridges, 4 Stoves, Washer, Dryer, Most Furnishings

Building Features:

  • Floor Space: 5025 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Architectural Style: Other
  • Basement: Partial, Unfinished
  • Built in: 1930
  • Business Type: Residential
  • Construction Materials: Vinyl Siding, Wood Siding
  • Floor Space (approx): 5025 Square Feet
  • Heating: Natural Gas, Radiant
  • Laundry Features: None
  • Lot Depth: 146.4 Feet
  • Lot Features: Rural, Irregular Lot, Beach, Near Golf Course
  • Lot Frontage: 88.00 Feet
  • Parking Features: Gravel, Other
  • Pool Features: None
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Soil Type: Clay
  • Water Source: Other
  • Waterfront Features: Indirect, Lake, Lake/Pond
  • Sewer: Holding Tank
  • No. of Parking Spaces: 11

Courtesy of: Royal LePage State Realty

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