5880 Rama Dalton Boundary Road Ramara, Ontario L0K 1W0

back to listings

$875,000

Growth Opportunity in Ramara Township Bordering Kawartha Lakes!\r\n\r\nLocated 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.\r\n\r\nThis 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.\r\n\r\nRecent 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:49605)

Property Details

Price $875,000
Bedroom(s) 9
Bathroom(s) 4
Property Type Business
5880 Rama Dalton Boundary Road Ramara, Ontario L0K 1W0

Welcoming You Home

More Listings

Pt Lt 107 Victoria Terrace Central Huron, Ontario N0M 1L0

$299,900

463 Ivings Drive Saugeen Shores, Ontario N0H 2C3

$689,900

29 Sellens Avenue Bracebridge, Ontario P1L 1R3

$590,000

A1 - 8 Champagne Street Parry Sound, Ontario P2A 3C2

$1,295,000