4570 PENETANGUISHENE ROAD, Springwater (Hillsdale), Ontario, L0L1V0

Property Description

Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor (Stores connect to apartments above for perfect live above work opportunity). Tenants Pay TMI and Utilities, Ample Parking for 15 vehicles, Access from busy Penetanguishene Road and also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Kitchen upgraded, Furnace Replaced In 2018 (Rental). Large backyard with BBQ and picnic table and space can be fenced. Room to build a shed. Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 93. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 4,600 sq ft (427.4 m²)
• Parking: 16 spaces
• Frontage: 66 ft (20.1 m)

Costs

• Annual Taxes: $5,062.00

Listing Provided by: COLDWELL BANKER THE REAL ESTATE CENTRE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.