119 Thompson Lane Active Save Request In-Person Tour Request Virtual Tour
Southampton,ON N0H 2L0
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $649
MLS Listing ID 40656966
Bedrooms 10
Abv Grd Liv Area 2,000
Originating Board Grey Bruce Owen Sound
Annual Tax Amount $5,171
Property Description
Nestled in the heart of charming Southampton, this exceptional five-cottage court presents a rare investment opportunity. The property boasts a recently renovated home and four two bedroom, virtually all-new cottages, all built within the last five years. Each residence features a new poured concrete foundation with a four-foot crawlspace, ensuring durability and peace of mind.
Every cottage is equipped with natural gas forced air heat and central air conditioning, providing optimal climate control and energy efficiency. Additionally, each unit has its own on-demand gas water heater. (Technically speaking: IBC SFC 199 SUPERFLO combo Boilers. IBC AHU 800 air handlers. Continental CT13 air-conditioners).The property also features a spacious, paved parking lot and a convenient laundry building with two stackable gas washers and dryers (Whirlpool- WGT4027HW). This low-maintenance property is perfect for investors seeking hassle-free management operated offsite, and its existing, reliable, long term tenants ensure steady rental income. The tranquil atmosphere and ideal location make it a desirable place to live, with Southampton's vibrant downtown core and stunning main beach just a stone's throw away. If you're seeking a long-term investment property with unparalleled potential, look no further. This cottage court offers a unique combination of modern comforts, prime location, and lucrative returns. Don't miss this exceptional opportunity! Be sure to click on the MULTIMEDIA or VIRTUAL TOUR BUTTON below!
Location
Province ON
County Bruce
Area 4 - Saugeen Shores
Zoning R1-3
Direction From Downtown Southampton by the Post Office north on Grosvenor street one block to Thompson Lane the left to 119 Thompson Lane.
Rooms
Basement Crawl Space,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Hot Water Tank Owned,Refrigerator,Stove
Laundry Common Area
Exterior
Garage Asphalt
Waterfront No
Waterfront Description Access to Water,Lake Privileges
Roof Type Shingle
Porch Porch
Lot Frontage 119.16
Garage No
Building
Lot Description Irregular Lot,Ample Parking,City Lot,Quiet Area,Shopping Nearby
Faces From Downtown Southampton by the Post Office north on Grosvenor street one block to Thompson Lane the left to 119 Thompson Lane.
Story 1
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
Structure Type Wood Siding
New Construction No
Others
Senior Community false
Tax ID 332530326
Ownership Freehold/None