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5880 Rama Dalton Boundary Road Sebright, Ontario L0K 1W0

9 Bedroom 4 Bathroom 3772 sqft
None Baseboard Heaters, Forced Air

$875,000

Growth Opportunity in Ramara Township Bordering Kawartha Lakes! Located at the corner of Monk Rd and Rama Dalton Boundary Rd, this property offers exceptional exposure for your business. Enjoy the convenience of living and working in the same location, with a potential annual positive cash flow of $9,000 with 100% financing at a 5.5% mortgage interest rate over a 30-year amortization. The owner is willing to consider a second mortgage take-back for qualified buyers. This mixed-use property is currently zoned for both commercial and residential use, offering significant upside potential. The property is a commercial residential duplex with four income-generating units, a coin laundry room, a large rented garage, and outdoor parking lot storage. Additionally, there is a large green space for both commercial and residential tenants to enjoy. Recent extensive upgrades relieve the pressure on the new buyer, including a new roof, siding, windows, fascia, soffit, and gutters. All residential units have been upgraded in the past two years, with three units featuring new kitchens, flooring, lighting, bathroom fixtures, and fresh paint. This property consistently generates income with ample room for expansion. There is potential to add storage rental units, a commercial building/shop, or additional residential units. (id:53086)

Property Details

MLS® Number 40625778
Property Type Multi-family
Community Features School Bus
Features Crushed Stone Driveway, Laundry- Coin Operated, Sump Pump
Parking Space Total 20
Structure Workshop

Building

Bathroom Total 4
Bedrooms Total 9
Appliances Microwave
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Material Concrete Block, Concrete Walls
Cooling Type None
Exterior Finish Concrete, Vinyl Siding
Heating Fuel Natural Gas, Propane
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 3772 Sqft
Utility Water Well

Parking

Detached Garage
Visitor Parking

Land

Access Type Road Access
Acreage No
Fence Type Partially Fenced
Sewer Septic System
Size Depth 157 Ft
Size Frontage 167 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description C3

https://www.realtor.ca/real-estate/27333183/5880-rama-dalton-boundary-road-sebright