809-811 HILMOR Terrace S 1,2,3,4,5, Elizabethtown-Kitley, ON K6V 7G3

For Sale 297 days on Market MLS® X12234134
Asking Price
$2,399,900
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Overview
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FIVE WATERFRONT INCOME HOMES, ONE PARCEL OF LAND, ONE GREAT 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 Gross Rental Income of $234,000. Seller offering stunning $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 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 with established with repeat Income. 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.
Bedrooms
13
Bathrooms
6.0
Area
1,750 sqft
Lot Size
1.7 acres
Type
Detached

Property Details

Year BuiltNot Disclosed
CityElizabethtown-Kitley
Postal CodeK6V7G3
Lot Dimensions170.00 × 428.30 ft
Parking15 spaces

Interior Features

Heat: Forced Air
Heat Source: Propane
Cooling: Central Air
Style: Bungalow-Raised

Exterior & Land

Sewer: Septic
Construction: Brick, Vinyl Siding
Roof: Asphalt Shingle

Utilities & Services

Heat SourcePropane
SewerSeptic

Financial Information

List Price$2,399,900
Annual Taxes$9,622 (2024)
Days on Market297
MLS® X12234134 • Listed by DAVID ASHLEY & CO. REAL ESTATE LTD.
809-811 HILMOR Terrace S 1,2,3,4,5, Elizabethtown-Kitley, ON K6V 7G3
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$2,399,900.00
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Property Location
809-811 HILMOR Terrace S 1,2,3,4,5, Elizabethtown-Kitley, ON K6V 7G3
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