52 days on Market

119 Thompson Lane, Southampton, Ontario N0H 2L0

$1,299,000
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Townhouse
-
-
~2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$649/sqft

Est. Mortgage$5,579/mo

Tax Amount (2023)$5,172/yr

Days On Market52 days


Description

Nestled in the heart of charming Southampton, this exceptional five-cottage court presents a rare investment opportunity. The property boasts a recently renovated home and four two bedroom, virtually all-new cottages, all built within the last five years. Each residence features a new poured concrete foundation with a four-foot crawlspace, ensuring durability and peace of mind. Every cottage is equipped with natural gas forced air heat and central air conditioning, providing optimal climate control and energy efficiency. Additionally, each unit has its own on-demand gas water heater. (Technically speaking: IBC SFC 199 SUPERFLO combo Boilers. IBC AHU 800 air handlers. Continental CT13 air-conditioners).The property also features a spacious, paved parking lot and a convenient laundry building with two stackable gas washers and dryers (Whirlpool- WGT4027HW). This low-maintenance property is perfect for investors seeking hassle-free management operated offsite, and its existing, reliable, long term tenants ensure steady rental income. The tranquil atmosphere and ideal location make it a desirable place to live, with Southampton's vibrant downtown core and stunning main beach just a stone's throw away. If you're seeking a long-term investment property with unparalleled potential, look no further. This cottage court offers a unique combination of modern comforts, prime location, and lucrative returns. Don't miss this exceptional opportunity! Be sure to click on the MULTIMEDIA or VIRTUAL TOUR BUTTON below!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2000 SqFt
Lot Size-
Parking Spaces8
MLS ®Number40656966
Community NameSaugeen Shores
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Crawl Space, Unfinished

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Now
ListedFor Salefor$1,299,000Active
52 days on market
Listing by itso®
history photo preview28
Now
ListedFor Salefor$1,299,000Active
52 days on market
Listing by itso®
history photo preview26
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Property listed by Royal LePage D C Johnston Realty Brokerage, Brokerage
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