18 Roselawn Boulevard South River, Ontario P0A 1M0

8 Bedroom 8 Bathroom 3,500 - 5,000 ft2
Bungalow Forced Air

$799,900

Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 8-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $57,882.78. Total lot area is 9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents. (id:50886)

Property Details

MLS® Number X12198359
Property Type Multi-family
Community Name South River
Features Irregular Lot Size
Parking Space Total 8

Building

Bathroom Total 8
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Type Crawl Space
Exterior Finish Vinyl Siding
Foundation Type Insulated Concrete Forms
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Septic System
Size Depth 428 Ft
Size Frontage 67 Ft
Size Irregular 67 X 428 Ft
Size Total Text 67 X 428 Ft

Rooms

Level Type Dimensions
Main Level Foyer 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Kitchen 2.4 m x 2.43 m
Main Level Dining Room 2.37 m x 2.34 m
Main Level Living Room 3.07 m x 3.74 m
Main Level Bedroom 3.29 m x 3.04 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m

Utilities

Electricity Installed

https://www.realtor.ca/real-estate/28420888/18-roselawn-boulevard-south-river-south-river

Contact Us

Contact us for more information

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Scott Broad
Salesperson

(705) 746-9336
www.scottbroad.ca/
www.facebook.com/scottbroadremaxparrysoundmuskokarealestate/?ref=bookmarks/
www.linkedin.com/in/scott-broad-remax/

RE/MAX Parry Sound Muskoka Realty Ltd
47 James Street
Parry Sound, Ontario P2A 1T6

(705) 746-9336
(705) 746-5176

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