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6 CAROLINE STREET, Ramara (Atherley) — listed at $799,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Legal Triplex ideally situated near the shores of Lake Simcoe, on a mature & well treed, private 66 X 264 ft lot. Double driveway making for ample parking for tenants. Approximately 2800 sq ft raised bunglaow with main entryway for all 3 apartments. Over $65,000 in upgrades in the last 3 years making this a sound investment. Great tenants willing to stay; Upper Level Apts: 1 bedroom with bonus 3 season room, 4 pc bath, current rent @ $965. 2 bedroom, with 4 pc bath, current rent @ $1056. Lower floor: 3 bedroom, 4 pc bath, current rent@ $1919 + $100 storage unit. Buy to live in 1 apartment & rent out the other 2, making it a win, win for you! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Eating area | Second level | 3.55 x 3.83 meters |
| Primary Bedroom | Second level | 3.1 x 3.95 meters |
| Bathroom | Second level | 1.96 x 2.89 meters |
| Kitchen | Ground level | 6.6 x 4.34 meters |
| Living room | Ground level | 6.3 x 4.32 meters |
| Primary Bedroom | Ground level | 6.4 x 4.39 meters |
| Bedroom | Ground level | 4.34 x 3.23 meters |
| Bedroom | Ground level | 4.34 x 3.23 meters |
| Bathroom | Ground level | — |
| Family room | Second level | 3.32 x 3.83 meters |
| Bathroom | Second level | 1.74 x 2.89 meters |
| Bedroom | Second level | 2.7 x 2.89 meters |
| Bedroom 2 | Second level | 2.98 x 3.95 meters |
| Other | Second level | 2.46 x 3.95 meters |
| Kitchen | Second level | 3.81 x 3.83 meters |
| Dining room | Second level | 3.13 x 3.83 meters |
| Living room | Second level | 2.65 x 3.95 meters |
| Sunroom | Second level | 2.28 x 5.4 meters |
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Walk-up, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Ramara (Atherley) before counting on it.
What's the parking situation?+
This property includes 6 spaces — No Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Is 6 CAROLINE STREET a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,455, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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