Southampton, ON N0H 2L0,119 Thompson Lane
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Southampton, ON N0H 2L0,119 Thompson Lane
Southampton, ON N0H 2L0,119 Thompson Lane
Southampton, ON N0H 2L0,119 Thompson Lane
Southampton, ON N0H 2L0,119 Thompson Lane
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$ 1,299,000
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119 Thompson Lane Southampton, ON N0H 2L0

10 Beds

2,000 SqFt


UPDATED:

11/16/2024 04:07 PM

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


Listed by Royal LePage D C Johnston Realty Brokerage

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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119 Thompson Lane