Ramara ON, L0K 1W0
Property Information:
Top 5 Reasons You Will Love This Home: 1) This fully renovated 4-unit income property generates over $100,000 in gross annual income and offers flexibility for investors or those seeking an owner-occupied option with steady rental returns 2) Each of the four units has been thoughtfully updated with new kitchens, flooring, lighting, and fresh paint, providing a clean, contemporary feel that attracts quality tenants 3)Situated on a generous corner lot with excellent access to Orillia, Casino Rama, and the scenic Kawartha Lakes region, this property is ideally located for tenants and owners 4) Recent exterior improvements include a new roof, windows, siding, fascia, and soffits, delivering long-term value and curb appeal with reduced maintenance concerns 5) Residents of three units enjoy the ease of a shared coin-operated laundry, while the fourth benefits from private in-suite facilities; the property also includes a detached double-car workshop, offering additional storage flexibility or the opportunity for rental income. 3,362 above grade.sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:27)
Building Features:
- Style: Multiplex
- Building Type: Fourplex
- Basement Development: Unfinished
- Basement Type: Crawl space
- Exterior Finish: Vinyl siding
- Floor Space: 3000 - 3500 sqft
- Flooring Type: Vinyl, Laminate
- Foundation Type: Poured Concrete
- Heating Type: Forced air
- Heating Fuel: Propane
- Cooling Type: None
- Appliances:
Property Features:
- Property Type: Multi-family
- Bedrooms: 9
- Bathrooms: 4
- Access Type:
- Floor Space (approx): 3000 - 3500 Square Feet
- Irregular: Yes
- Lot Depth: 144.0 Feet
- Lot Frontage: 165.0 Feet
- Lot Size: 165 x 144 FT
- Structure Type: Workshop
- Zoning: C3
- Sewer: Septic System
- Parking Type: Detached garage, Garage
- No. of Parking Spaces: 22
Rooms:
- Kitchen 2nd Level 5.02 m x 3.02 m 16.47 ft x 9.91 ft
- Living 2nd Level 7.88 m x 3.92 m 25.85 ft x 12.86 ft
- Primary Bedroom 2nd Level 3.87 m x 3.85 m 12.70 ft x 12.63 ft
- Bedroom 2nd Level 3.84 m x 2.36 m 12.60 ft x 7.74 ft
- Bedroom 2nd Level 2.91 m x 2.34 m 9.55 ft x 7.68 ft
- Laundry 2nd Level 5.51 m x 1.71 m 18.08 ft x 5.61 ft
- Kitchen Main Level 3.93 m x 2.24 m 12.89 ft x 7.35 ft
- Living Main Level 3.36 m x 2.57 m 11.02 ft x 8.43 ft
- Living Main Level 5.66 m x 3.78 m 18.57 ft x 12.40 ft
- Primary Bedroom Main Level 4.77 m x 2.92 m 15.65 ft x 9.58 ft
- Bedroom Main Level 3.73 m x 3.31 m 12.24 ft x 10.86 ft
- Primary Bedroom Main Level 3.58 m x 2.50 m 11.75 ft x 8.20 ft
- Bedroom Main Level 3.31 m x 2.49 m 10.86 ft x 8.17 ft
- Laundry Main Level 4.66 m x 2.40 m 15.29 ft x 7.87 ft
- Kitchen Main Level 5.02 m x 2.28 m 16.47 ft x 7.48 ft
- Living Main Level 5.02 m x 1.93 m 16.47 ft x 6.33 ft
- Primary Bedroom Main Level 5.95 m x 2.84 m 19.52 ft x 9.32 ft
- Bedroom Main Level 3.58 m x 3.42 m 11.75 ft x 11.22 ft
- Kitchen Main Level 4.34 m x 3.11 m 14.24 ft x 10.20 ft
Convert Measurement to:
Courtesy of: FARIS TEAM REAL ESTATE BROKERAGE
⚠ Potential Investment Performance
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Market Price Trends
Location of 5880 RAMA DALTON BOUNDARY ROAD, Ramara, Ontario, L0K 1W0
Demographic Information of 5880 RAMA DALTON BOUNDARY ROAD, Ramara, Ontario, L0K 1W0
Life Stage
Older CouplesEmployment Type
MixedAverage Household Income
$102,333.13Average Number of Children
1.57Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
21.09 %High school certificate or equivalent
34.3 %Apprenticeship trade certificate/diploma
9.1 %College/non-university certificate
22.26 %University certificate (below bachelor)
0.79 %University Degree
12.46 %Commuter
Travel To Work
By Car
94.6 %By Public Transit
0.0 %By Walking
1.12 %By Bicycle
0.0 %By Other Methods
4.28 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
Houses
100.0 %