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5880 RAMA DALTON BOUNDARY ROAD, Ramara
2024-08-26
Quick Summary
- Location
- 5880 RAMA DALTON BOUNDARY ROAD, Ramara, Ontario L0K1W0
- Price
- $875,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 3772ft2
- Bedrooms:
- 9
- Bathrooms:
- 4
MLS®#S10894847
Property Description
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:32467)
Property Features
Building
- Amenities: Separate Heating Controls
- Appliances: Dryer, Microwave, Refrigerator, Stove, Washer
- Basement Development: Unfinished
- Basement Features: Separate entrance
- Basement Type: N/A (Unfinished)
- Exterior Finish: Concrete, Vinyl siding
- Fireplace: No
- Interior Size: 3772 sqft
Features
- Feature: Laundry- Coin operated, Sump Pump
Land
- Land Size: Unit=167 x 157 FT|1/2 - 1.99 acres
- Sewer: Septic System
Structure
- Structure: Deck, Workshop
Zoning
- Description: C3
Information entered by Lakeview Realty Inc.
Listing information last updated on: 2024-12-03 22:00:36
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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