For Sale

119 THOMPSON Lane, Southampton, Ontario N0H2L0

$1,299,000

119 THOMPSON Lane, Southampton, Ontario N0H2L0 is For Sale and has a listing price of 1,299,000. The property is located in the Saugeen Shores neighbourhood. It's been on the website for 51 Days.

  • Multi-family
    Property Type
  • 10
    Bedrooms
  • 8
    Parking Spaces
  • MLS ID: 40656966
  • Office Name Royal LePage D C Johnston Realty Brokerage,Royal L
Property Description

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 or VIRTUAL TOUR BUTTON below! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 10
  • MLS ID: 40656966
  • Price: $1,299,000
  • Transaction Types: For Sale
  • Ref ID: 27502999
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/02/2024 40656966 $1,299,000 For Sale - -
10/02/2024 40657072 $1,299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Saugeen Shores
  • $785,248 Average List Price
    based on 1 year
  • 49 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 191.2 % Up
  • Sold (12mo) 13
  • Rented (12mo) 1

  • 1 Month Change +10.1%
  • 3 Month Change +6.4%
  • 6 Month Change -1.6%
Walkscore
  • 70 Walk Score
    Very Walkable
  • 68 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    71.88%
  • Commercial
    19.44%
  • Condo
    3.66%
  • Land for Sale
    5.01%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Crawl Space (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Wood
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 8
  • Property Features Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 02/10/2024 00:00:00
  • Zoning Bp2a
  • Agent Name: LARRY LEONARD,DOUGLAS JOHNSTON
  • Address Subdivision: Saugeen Shores
  • Last Updated: 24/10/2024 18:46:01
Open House Dates
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