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5880 Rama Dalton Boundary Road Ramara, Ontario L0K 1W0

9 Bedroom 4 Bathroom 3772 sqft
Forced Air

$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:48303)

Property Details

MLS® Number S10894847
Property Type Business
Community Name Rural Ramara
Features Laundry- Coin Operated, Sump Pump
ParkingSpaceTotal 20
Structure Deck, Workshop

Building

BathroomTotal 4
BedroomsTotal 9
Amenities Separate Heating Controls
Appliances Dryer, Microwave, Refrigerator, Stove, Washer
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType N/a (unfinished)
ExteriorFinish Concrete, Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3772 Sqft

Parking

Detached Garage

Land

AccessType Year-round Access
Acreage No
FenceType Fenced Yard
Sewer Septic System
SizeDepth 157 Ft
SizeFrontage 167 Ft
SizeIrregular Unit=167 X 157 Ft
SizeTotalText Unit=167 X 157 Ft|1/2 - 1.99 Acres
ZoningDescription C3

https://www.realtor.ca/real-estate/27333183/5880-rama-dalton-boundary-road-ramara-rural-ramara

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Lakeview Realty Inc.
57 Matchedash St.n.
Orillia, Ontario L3V 4T7

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