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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$1,199,000
Available - For Sale
Listing ID: S10423677
461 Penetanguishene Rd , Oro-Medonte, L4M 0H1, Ontario


461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area's Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities!
Extras:   100 Amps In Blue House & Separate Meter For Motel Strip, 100 Amps.
Price $1,199,000
Taxes: $7403.00
Tax Type: Annual
Occupancy by: Own+Ten
Address: 461 Penetanguishene Rd , Oro-Medonte, L4M 0H1, Ontario
Postal Code: L4M 0H1
Province/State: Ontario
Legal Description: Pt Lot 7, Con1 Epr Oro As In R01088798,
Directions/Cross Streets: Highway 400 & Highway 11
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 7.26
Total Area Code:  Acres
Area Influences: Grnbelt/Conserv   Major Highway
Financial Statement: N
Chattels: Y
Franchise: N
Sprinklers: N
Heat Type: Oil Forced Air
Central Air Conditioning: N
Elevator Lift: None
Sewers: Septic
Water: Well
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Oro-Medonte
Neighbourhood: Rural Oro-Medonte
Style:
Lot Size: 7.26 x 0.00(Acres)
Approximate Age:
Tax: $7,403
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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