18 Roselawn Boulevard South River, Ontario P0A 1M0
$859,900
Conditionally Sold with NO Escape clause until January 9, 2026. Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 8-unit one floor apartment complex made up of from two separate buildings. Total lot area is 9 acres. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). Estimated net income of $57,882.78. Projected rental income for the month January 1, 2026, is $7,843.60. All offers are to be submitted on a Commercial Agreement of Purchase and Sale #500. Purchase price is plus HST. All offers must have buyer to acknowledgement of Bell Tower Access and Municipal Water main easements. Call your Realtor to request rent roll, income and expense report, and other informative documents. (id:49203)
Property Details
| MLS® Number | X12198359 |
| Property Type | Multi-family |
| Community Name | South River |
| Features | Irregular Lot Size |
| Parking Space Total | 8 |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Type | Crawl Space |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Insulated Concrete Forms |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 428 Ft |
| Size Frontage | 67 Ft |
| Size Irregular | 67 X 428 Ft |
| Size Total Text | 67 X 428 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Foyer | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Kitchen | 2.4 m | 2.43 m | 2.4 m x 2.43 m |
| Main Level | Dining Room | 2.37 m | 2.34 m | 2.37 m x 2.34 m |
| Main Level | Living Room | 3.07 m | 3.74 m | 3.07 m x 3.74 m |
| Main Level | Bedroom | 3.29 m | 3.04 m | 3.29 m x 3.04 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
| Main Level | Bathroom | 1.55 m | 2.7 m | 1.55 m x 2.7 m |
Utilities
| Electricity | Installed |
https://www.realtor.ca/real-estate/28420888/18-roselawn-boulevard-south-river-south-river
Contact Us
Contact us for more information
Scott Broad
Salesperson
www.scottbroad.ca/
www.facebook.com/scottbroadremaxparrysoundmuskokarealestate/?ref=bookmarks/
www.linkedin.com/in/scott-broad-remax/
47 James Street
Parry Sound, Ontario P2A 1T6
(705) 746-9336
(705) 746-5176
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 18 2025 06:18:31
The Lakelands Association of REALTORS®
RE/MAX Parry Sound Muskoka Realty Ltd