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87 days on Market

5880 Rama Dalton Boundary Road, Sebright, Ontario L0K 1W0

$875,000
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Townhouse
-
4
~3772 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$231/sqft

Est. Mortgage$3,758/mo

Tax Amount (2024)$958/yr

Days On Market87 days


Description

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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~3772 SqFt
Lot Size26,219 SqFt(157 x 167)
Parking Spaces20
MLS ®Number40625778
Community NameRamara
Data SourceITSO

Features

Heating: Baseboard, Forced Air, Natural Gas, Propane
Basement: Separate Entrance, Full, Unfinished, Sump Pump

Features

Lot size: 26,219 SqFt
Septic Tank

Parking

Garage spaces 2

Garage type -

Other parking spaces 18

Total parking spaces 20


Property History

Now
ListedFor Salefor$875,000Active
87 days on market
Listing by itso®
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Property listed by Lakeview Realty Inc., Brokerage, Orillia, Brokerage
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