1,2,3,4,5 - 809-811 HILMOR TERRACE S, Elizabethtown-Kitley, Ontario, K6V7G3

Property Description

FIVE PRIME WATERFRONT INCOME HOMES, ONE PARCEL OF LAND, ONE GREAT PRICE! POSITIVE CASH FLOW FROM DAY ONE OF PURCHASE!! INVESTORS DREAM "A ONE-OF-A-KIND FAMILY COMPOUND of FIVE (5) TOTALLY RENOVATED HOMES ON A PRIME WATERFRONT Parcel on St Lawrence River". 2024 Gross Rental Income of $234,000. Seller offering stunning $1.5 Mill (approx) VTB reassignment option for qualified purchaser. Family Retreat/Compound of (1) main house and (4) additional Fully Renovated Waterfront winterized homes on One Large Oasis . All FIVE homes have been extensively renovated and upgraded. Upgrades Incl. Newer Roofs, Newer Flooring, kitchens, windows, furnaces, decks, electrical panels, 3 Hot Tubs, (1) Sauna, 170 ft retaining wall, aluminum dock and massive shoreline deck . Enhance your investment portfolio as this property is a recipe for success. Totally Turnkey! Excellent positive Income/cash flow with AirB&B business with established with repeat Income. Guests and Tenants enjoy the massive ships as they pass by. These 5 Getaway waterfront properties are a RARE FIND. Don't miss out on this Family compound Retreat investment. Perfect purchase for a large established family wanting to each own their own retreat on the water. Properties Sold "AS IS, WHERE IS". Financial details available upon request, book your private showing today. (id:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: 6
• Living Area: 2,295 sq ft (213.2 m²)
• Parking: 12 spaces
• Frontage: 170 ft (51.8 m)

Costs

• Annual Taxes: $9,633.00

Listing Provided by: DAVID ASHLEY & CO. REAL ESTATE LTD.
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.