The income potential is undeniable. It consists of 2 main structures: a 2+1 bedroom house with a 2022/23 addition, including a living room and master suite and ensuite bathroom. Also included is a 3 season, 2 bedroom, 1 bath apartment with its own access, currently renting for $1100/mth. The second building is a well known restaurant called "Fry Guys". All restaurant equipment will stay. The property is currently zoned as commercial. It spans approximately 2.5 acres and has 2 roll numbers, with 1400 ft of frontage on Round Lake Rd. This provides great exposure to incoming traffic. Located just minutes away from the public boat launch and features a fish pond and 3 sheds for ample storage. There is a drilled well, 2 septic systems (1 for the house and 1 for the restaurant), with separate hydro meters. Additionally, the seller rents out a street light at $29/mth to provide added security. The monthly hydro cost is approx $230 on equal billing. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
1,400 x 0 ft
Total Area
1,200 ft2
Listing Contract Date
2024-01-17
Municipal ID
575310028
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Business
Transaction Type
For sale
Zoning Description
R3
Business
Business Type
Restaurant
Business Subtype
Restaurant
Building
Constructed Date
1999
Land
Total Size
1400 ft X * ft (Irregular Lot)
Size of Irregular Land
1400 ft X * ft (Irregular Lot)
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
