88 Victoria Street, Inverhuron

88 Victoria Street, Inverhuron, ON N0G2T0 Photo 1

50 Photos

88 Victoria Street, Inverhuron, ON N0G2T0 Photo 2
88 Victoria Street, Inverhuron, ON N0G2T0 Photo 3
88 Victoria Street, Inverhuron, ON N0G2T0 Photo 4
88 Victoria Street, Inverhuron, ON N0G2T0 Photo 5
88 Victoria Street, Inverhuron, ON N0G2T0 Photo 6
88 Victoria Street, Inverhuron, ON N0G2T0 Photo 7
  • Living area: 100 sqft
  • MLS®: 40536137
  • Type: Hospitality
  • Added: 93 days ago

Property Details

Turn-key investment opportunity steps from the sandy shores of Lake Huron. Boutique style four-seasons cottage resort, appealing to an exclusive clientele base and generating an impressive stream of income. This exceptional package features almost a full acre of prime real estate along the Lake Huron coast and a well established, family run heritage business. With five fully furnished cottages, this property offers incredible income potential. Ideal for short-term rentals, vacation stays, or even year-round tenants, you can enjoy a steady stream of income while reaping the benefits of property appreciation. Each cottage exudes rustic charm and comfort, providing a true cottage experience. From cozy interiors to the outdoor decks, these cottages are designed for relaxation and enjoyment. The cottages come turnkey ready, with a proven track record of successful rentals. Efficient property management systems are in place to help you maximize your income while minimizing the stress of property upkeep. Offered at an excellent cap rate and with room for even more value-added opportunity and potential future development, this property presents a great addition to your portfolio. Centrally located between Inverhuron Provincial Park and Bruce Power, this is a rare opportunity to own a piece of Inverhuron's history and create a steady stream of income in one of Ontario's most beautiful regions. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Stories: 1
  • Basement: None
  • Year Built: 1950
  • Directions: From Kincardine, head North on Highway 21. Turn Left onto Bruce Road 15, heading toward Inverhuron Beach. Turn Left onto Victoria Street. This boutique style cottage resort will be on your Right, across from the shores of Lake Huron.
  • Living Area: 100
  • Photos Count: 50
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Common Interest: Freehold
  • Subdivision Name: Kincardine
  • Tax Annual Amount: 4166.05
  • Building Area Total: 100
  • Lot Size Dimensions: 0.841
  • Zoning Description: R3-x
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Nearby Places

Name Type Address Distance
Inverhuron, Ontario The community includes approximately 200 permanent... 0.7 km
Inverhuron Provincial Park The Park opened in 1956, featuring 351 campsites, ... 1.8 km
Inverhuron Provincial Park Establishment 19 Park Road 1.8 km
Tim Hortons Cafe Bruce Power 4.2 km
Carmells Restaurant 9 Mill St 4.4 km
Tiverton, Ontario It is near the shore of Lake Huron on Highway 21 b... 4.4 km
Bruce Nuclear Generating Station It occupies 932 ha (2300 acres) of land... 4.6 km
Douglas Point Nuclear Generating Station Its success was a major milestone and marked Canad... 4.8 km
Bruce Nuclear Generating Station Establishment 4.9 km
Huron Wind It is located in the village of Inverhuron, Ontari... 5.1 km
CFPS-FM The station originally began broadcasting on the A... 5.7 km
Stoney Island Conservation Area Park Tiverton 6.5 km
88 Victoria Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 88 Victoria Street. The current price of the property is $2,500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,000,000. This would result in a monthly mortgage payment of $11,691 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 80
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 35
College 180
University degree at bachelor level or above 110

Neighbourhood Marital Status Stat

Married 415
Widowed 25
Divorced 25
Separated 10
Never married 110
Living common law 55
Married or living common law 470
Not married and not living common law 175

Neighbourhood Construction Date

1961 to 1980 115
1981 to 1990 55
1991 to 2000 25
2001 to 2005 15
2006 to 2010 30
1960 or before 40
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57 Albert Road, Inverhuron 161 Victoria Street, Inverhuron 161 Victoria Street, Tiverton 3157 Bruce Road 15, Inverhuron 59 John Street, Inverhuron 129 Victoria Street, Inverhuron 129 Victoria Street, Kincardine 149 Victoria Street, Kincardine