119 Thompson Lane Southampton, ON N0H 2L0
Listing Courtesy of:  CREA / Royal Lepage D C Johnston Realty Brokerage

  119 Thompson Lane Southampton, ON N0H 2L0

Active (80 Days)
$1,299,000
10
BED
2,000
SQFT

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! (id:41440)

MLS®:
40656966
Type
Multifamily
County
Bruce County

Listed By

Larry Leonard, Royal Lepage D C Johnston Realty Brokerage
Source
CREA
Last checked Dec 23 2024 at 8:10 AM EST
Bathroom Details
Subdivision
  • Saugeen Shores
Lot Information
  • Paved Driveway
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air Conditioning
Basement Information
  • Unfinished
  • Crawl Space
Exterior Features
  • Wood
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 8
Stories
  • 1
Living Area
  • 2,000 sqft
Powered by Walk Score®
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 12/23/24 00:10