590 Lafontaine Rd E

For Sale New 2 hours
$1,550,000
4 beds
4 baths

590 Lafontaine Rd E

For Sale New 2 hours
$1,550,000
4 beds
4 baths

Highlights

Key insights

Description

Exceptional Investment & Lifestyle Property! This property presents a rare opportunity to potentially create a triplex with an accessory unit. I deal for investors or those seeking multi-family potential., fully tenanted with A+ tenants on 1-year leases, generating over $4,000/month in rental income. Each unit is self-contained with its own hydrometer and in-suite laundry. Set on over 8.5 acres with 900+ feet of frontage on Lafontaine Road East, the property offers incredible development potential, natural beauty, and a peaceful, private setting. Enjoy established walking trails and a partial fence that helps keep animals out perfect for those dreaming of a hobby farm, retreat, or future expansion. Located on a municipally maintained road with year-round access, this property is minutes from the Midland Hospital, marinas, multiple beautiful beaches, and all the shopping, schools, and recreation the Midland and Penetanguishene areas have to offer. Whether you're an investor looking for strong returns, a builder with vision, or a buyer seeking multi-family living in a serene, accessible location this property delivers unmatched potential and value. Opportunities like this don't come often this is one you'll want to walk before its gone. (id:63267)

LINA ZIA of FOREST HILL REAL ESTATE INC.,
#S12416512
updated 2 hours ago.
Houseful checked MLS® for data 2 hours ago.

Home overview

Amenities / Utilities
  • Heat source
    Propane
  • Heat type
    Other
  • Sewer/ septic
    Septic system
Exterior
  • # total stories
    1
  • # parking spaces
    11
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    4
Location
  • Subdivision
    Rural tiny
  • View
    View, city view
Lot/ Land Details
  • Lot desc
    Landscaped
Overview
  • Lot size (acres)
    0.0
  • Listing #
    S12416512
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Dining room
    2.25m X 4.21m
    Level: Main
  • Bedroom
    2.25m X 4.21m
    Level: Main
  • Den
    3.21m X Measurements not available
    Level: Main
  • Den
    5.76m X 1.86m
    Level: Main
  • Living room
    5.76m X 5.91m
    Level: Main
  • Bedroom
    5.12m X 2.78m
    Level: Main
  • Living room
    3.96m X 2.96m
    Level: Main
  • Living room
    6.84m X 5.66m
    Level: Main
  • Bedroom
    6.1m X 2.74m
    Level: Main
  • Living room
    6.1m X 3.83m
    Level: Main
  • Bedroom
    3.57m X 4.24m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28890852/590-lafontaine-road-e-tiny-rural-tiny
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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