10 Green Bay Road

About this home

For those looking to build long-term wealth and work toward financial freedom, this is an investment opportunity worth exploring.Located in French River on a year-round road, just 6 minutes from amenities, this solid 6-unit residential building offers an established income stream with 0% vacancy and a mature, long-term tenant base.The building consists of two 2-bedroom units on the lower level, two 3-bedroom units on the main level, and two 1-bedroom units on the second level.Each apartment operates independently, with its own hydro meter and hot water tank. The individual hydro meters also service each tenant's designated parking area, providing convenient access to electricity for winter vehicle plug-ins, vacuuming and more. Units are heated by electric baseboards, with tenants responsible for their own heat and hydro.A seventh hydro meter services the building's common areas, storage rooms, hardwired smoke detectors, central vacuum system and fire alarm pull box.Additional income is generated through the dedicated laundry room, equipped with two sets of coin-operated laundry machines.The property also includes a storage area currently used for tools and paint, along with a dedicated water room featuring a brand-new, top-of-the-line water treatment system and a sump pump with battery backup. All equipment is owned. The building is self-contained with its own drilled well and septic system and has benefited from numerous upgrades and renovations over the years. Pride of ownership is evident throughout, with Units 1 and 3 most recently receiving complete renovations. Situated on a spacious double lot, the property provides ample parking at the front while the additional rear lot offers further space and possibilities for the future. Whether you are an experienced investor looking to expand your portfolio or exploring your first income-producing property, this offering provides an opportunity to own an established, fully occupied multi-residential asset.

Details

Type

Multiplex

Style

2-Storey

Size

3500-5000 sq ft

Lot

208.75 × 328 ft

Basement

Full

Garage

None

Kitchens

6

Property tax

$4,627 (2025)

Municipality

French River

Interior

Bedrooms

12 above ground

Bathrooms

6 × 4-piece

Rooms

40 above ground

Family room or den

No

Fireplace

No

Heating, cooling and services

Heating

Baseboard, Electric

Air conditioning

Wall Unit(s)

Water and sewer

Septic

Building and exterior

Style

2-Storey

Exterior

Vinyl Siding

Roof

Asphalt Shingle

Foundation

Block

Faces

West

Parking

Total parking

20

Driveway and parking

Reserved/Assigned, Front Yard Parking, Available

Lot

Size

208.75 × 328 ft (irregular)

Acreage

.50-1.99

More

Possession

Flexible

Cross street

HWY 64 & Green Bay Road

Location

Location is approximate. See nearby homes on the map