For sale 50$1,645,000
2+1 bed3 bath2,000–2,500 sq ft
427 Balmy Beach Road
Georgian Bluffs
8 days agoMLS® X13860870
Sutton-Sound Realty
415 Main Street
Georgian Bluffs, Ontario N0H2K0
For sale· Added
Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards.
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