INVESTMENT PROPERTIES

Description

Once in a lifetime opportunity to own a historic piece of Newcastle history. Incredible location with amazing unobstructed views of Lake Ontario, the Marina and Bond Head Park and Beach. Originally built in 1865 as the Old Brick Temperance Hotel this amazing property has been lovingly restored and must be seen to be appreciated. This property features 4 self contained units that offer incredible income potential for the savvy investor. This would be an Air BnB dream property to add to your portfolio or live in the main unit and rent the others. Located in an area of multi million dollar homes properties like this are rarely found. Hundreds of Thousands $$ in recent upgrades: All new exterior windows, doors, steel roof and custom siding with newly paved driveway. 4 brand new high efficiency heat and ac units and hot water tanks. 3 brand new kitchens with the main unit showcasing incredible exposed beams, original Victorian fireplace, new flooring, new bathroom with suspended tub, separate laundry and high end appliances, custom shiplap walls and so much more all with unobstructed views of Lake Ontario from all angles. There are too many upgrades to list. The property features large 20x30 Quonset storage garage with hydro and 2 street frontages with nearly one acre of land with 5 electrical panels. Thousands of visitors flock to the beach, marina, pier and boat launch directly across the street. Bond Head View Point is a must see attraction in the area adored by surfers and fishermen with the annual Salmon Derby. This could quite possibly be the best location in all of Newcastle. Please watch the HD Video to fully appreciate this property! **** EXTRAS **** The four units all feature separate entrances all with kitchens and baths and separate hydro panels. Three - One Bedroom units and One - Two bedroom unit. This property must be seen to be appreciated. A life time opportunity for any buyer! (id:2469)

Listing Provided By

RE/MAX JAZZ INC.

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