
Elizabethtown-Kitley, ON K6V 7G3
FIVE PRIME PRIVATE WATERFRONT INCOME HOMES, ONE PARCEL OF LAND, ONE GREAT NEW PRICE! POSITIVE CASH FLOW FROM DAY ONE OF PURCHASE!! INVESTORS DREAM "A ONE-OF-A-KIND FAMILY COMPOUND of FIVE (5) TOTALLY RENOVATED HOMES ON A PRIME WATERFRONT Parcel on St Lawrence River". 2024 & 25 Gross Rental Income of $234,000 & $231,069. respectively . Seller offering $1.5 Mill (approx.) VTB reassignment option for qualified purchaser. Family Retreat/Compound of (1) main house and (4) additional Fully Renovated Waterfront winterized homes on One Large waterfront property Oasis . All FIVE homes have been extensively renovated and upgraded. Upgrades Incl. Newer Roofs, Newer Flooring, kitchens, windows, furnaces, decks, electrical panels, 3 Hot Tubs, (1) Sauna, 170 ft retaining wall, aluminum dock and massive shoreline deck . Enhance your investment portfolio as this property is a recipe for success. Totally Turnkey! Excellent positive Income/cash flow with AirB&B business- a well established repeat customeer base Income over last 5 years . Guests and Tenants enjoy the massive ships as they pass by. These 5 Getaway waterfront properties are a RARE FIND. Don't miss out on this Family compound Retreat investment. Perfect purchase for a large established family wanting to each own their own retreat on the water. Properties Sold "AS IS, WHERE IS". Financial details available upon request, book your private showing today.
TRREB MLS® Attribution
MLS® X13236862
Listed by DAVID ASHLEY & CO. REAL ESTATE LTD.
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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$11,470
/month · $1,879,200 mortgage
Amortization
Total Interest
$1,561,943
Total Cost
$3,441,143
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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DAVID ASHLEY & CO. REAL ESTATE LTD.