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119 Thompson Lane Southampton, Ontario N0H 2L0

2000 sqft

$1,299,000

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 BUTTON below! (id:42776)

Property Details

MLS® Number 40657072
Property Type Office
Communication Type High Speed Internet

Building

Basement Type Crawl Space
Construction Material Wood Frame
Exterior Finish Wood
Foundation Type Poured Concrete
Stories Total 1
Size Exterior 2000.0000
Size Interior 2000 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 119 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1-3

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/27502998/119-thompson-lane-southampton


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