8272 Rama Road, Washago, Ontario L0K 2B0

Listed for:
$1,150,000
4 beds
1 baths
Listed 107 days ago
House for rent: 8272 Rama Road, Washago, Ontario L0K 2B0

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Learn more about this property
Listing provided by:
RE/MAX Right Move Brokerage
MLS® number:
40531642
Agent:
Mark Dulmage
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About

HWY 11 North Past Orillia to the Washago Exit at County Rd. 169 to Rama Rd Located on the corner. Incredible Property: 84 Feet of waterfront with access to Lake Couchiching and the Trent-Severn Waterway. Zoned Hamlet H-9 Veterinary Clinic plus many other permitted uses. Property has 2 Tenants: Entrance off Rama rd. to a 4 Bedroom home with detached Garage. Entrance off HWY 169 to the Lower commercial Tenant with ample parking spaces. Both Tenants monthly income totaling $4,050.00 and are on a month to month basis. Great Location on a busy corner in the Town of Washago. Separate Hydro meters for both units. Perfect for investors seeking dual income streams from residential and commercial Tenants. Water Enthusiasts can boat from your own dock. Picturesque views and outdoor amenities enhance the overall appeal. Fifteen minutes to Orillia and Gravenhurst and ninety to the GTA. Building and Land For Sale only. This opportunity has so many possibilities. Live on the Water in the 4 Bedroom home and receive $3000 Rent from the clinic. (id:27476)

Property Highlights

Type
House
Cooling type
None
Heating fuel
Fireplace
No
Construction material
Stucco
Parking space
16
Ownership Type
Freehold
Amenities nearby
Marina

Location

Summary

Located in the charming town of Washago, this incredible property boasts 84 feet of waterfront, providing access to Lake Couchiching and the Trent-Severn Waterway. Zoned as Hamlet H-9 Veterinary Clinic, this property offers a range of permitted uses, making it a versatile investment opportunity.

Featuring two tenants, the property includes a 4-bedroom home with a detached garage, accessible from Rama Road, as well as a lower commercial tenant with ample parking, accessible from HWY 169. Both tenants generate a combined monthly income of $4,050.00 on a month-to-month basis, offering a steady revenue stream for potential investors.

With separate hydro meters for each unit, this property is ideal for those seeking dual income streams from residential and commercial tenants. Boasting picturesque views and outdoor amenities, the property is perfect for water enthusiasts, with the added convenience of boating from its own dock.

Conveniently located on a busy corner, the property is just a fifteen-minute drive to Orillia and Gravenhurst, and ninety minutes to the GTA, making it an attractive location for both residents and businesses.

Offering a unique opportunity with endless possibilities, the property is for sale as a building and land package only. With a land size of under 1/2 acre, the property is situated in close proximity to a marina and a river/stream, adding to its appeal.

The 4-bedroom house features a finished basement and a detached construction style with stucco exterior finish. Heating is provided by baseboard heaters, and the property includes a total of 1.5 stories. With a postal code of L0K2B0, this property is a rare find with the potential for both residential and commercial use.