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Key Facts
Key facts for 55 Lake Drive N
Property Type
House, Sidesplit 4
Parking
Detached 3 garage, 8 parking
MLS #
N8041806
Size
2000-2500 sqft
Basement
Apartment,Separate Entrance
Listed on
2024-02-02
Lot size
68 x 218.75
Tax
$7,225.42 /yr
Days on Market
622
Approximate Age
-
Maintenance Fee
-
Description
ATTENTION Investors, Builders, Renovators !! Fantastic Rare Opportunity to Own Lakefront Tenanted Income Producing Legal Duplex with Third Unit in Basement! (Can Apply To Make 3rd Unit Legal) Massive Waterfront Lot with Clear Western View of Lake Simcoe! Upper Unit (1500 SF) 3 Bed, 2 Bath with Large... Primary Bedroom, Sun Filled Dining and Living Room, Separate Laundry, Front and Rear Decks! Main Floor Unit (550 SF) 1 Bed, 1 Bath with Fireplace, Walk-Out to Patio in Very Large Private Fenced Backyard! Basement Bachelor Unit (450 SF) with 1 Bath, Walk-Out to Private Terrace on Side! Detached 3 Car Garage and Plenty of Parking on Large Driveway! Steps to Boat Launch and Private Dock! Deeded Lake Access, Town has Started Process for Owner Purchase of Waterfront Land Plot Across the Street! (Approx $2 per Square Foot)Amazing Potential, Great for Future Income, Rental Potential for $6000/month! **** Extras **** Legal Duplex Plate on Front Wall of House, 200 Amp Service, Metal Roof, Furnace 2021, A/C 2022, Hot Water Tank Owned (2016). Basement Walls Double Insulated. Upper and Basement Units Tenanted. Central Vacuum Disconnected
