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.\r\nEvery 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! (id:51004)
| Business Type | Accommodation |
| Business Sub Type | Cottage/Cabin Rental |
| MLS® Number | X10846723 |
| Property Type | Business |
| Community Name | Saugeen Shores |
| Parking Space Total | 8 |
| Bedrooms Total | 10 |
| Appliances | Dryer, Water Heater, Stove, Refrigerator |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2000 Sqft |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 144 Ft ,8 In |
| Size Frontage | 119 Ft ,1 In |
| Size Irregular | 119.16 X 144.7 Ft |
| Size Total Text | 119.16 X 144.7 Ft |
| Zoning Description | R1-3 |
https://www.realtor.ca/real-estate/27502999/119-thompson-lane-saugeen-shores-saugeen-shores
(519) 797-5544
www.dcjohnstonrealty.com/
(519) 797-5544
www.dcjohnstonrealty.com/
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.
Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.
© 2022 Website Design, Development, and Digital Marketing by The Umbrella Affect
