Commercial – 809-811 HILMOR Terrace, Elizabethtown-Kitley, ON
$2,349,000 CAD
Property Description
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.
Property Details
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Commercial
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