116 Richard Street

If you’re on the lookout for a fantastic opportunity, then this Multi-Family Home for sale in Tay is definitely worth your attention! Nestled at 116 Richard Street, Tay, this legal triplex is perfectly situated in a great central location, making it ideal for multigenerational living or as a savvy income-generating investment. With the potential to live in one unit and rent out the other two, you can offset your costs while enjoying the comforts of home.

This charming multiplex is a 2-storey building with a lovely exterior of vinyl siding, and it boasts a total of 19 rooms, including six bedrooms and three bathrooms. That’s right, there’s plenty of space for everyone! The property is unfurnished, allowing you to put your own stamp on it and create a home that reflects your personal style.

As you step inside, you’ll find Unit 1 on the main floor, which is a bright and airy 1-bedroom unit, perfect for a couple or a single professional. It’s a cosy space that offers the ideal balance of comfort and functionality. Then there’s Unit 2, which features two bedrooms and comes complete with in-suite laundry. This unit also boasts a spacious living room that opens out onto a rear deck and yard, making it perfect for summer barbecues or simply enjoying a quiet evening outdoors.

Moving up to the upper floor, you’ll discover Unit 3, which is a generous three-bedroom unit with its own private laundry facilities. This layout provides a great deal of privacy for all occupants, making it perfect for extended family living.

Now, let’s talk about the location. 116 Richard Street, Tay, is just 20 minutes away from Barrie, Orillia, and Midland, which means you’re close to all the amenities you could possibly need. Plus, you’re only steps away from the stunning Georgian Bay, with beach access and a nearby boat launch. Whether you fancy a spot of fishing, a leisurely cycle, or a nature walk along the scenic Tay Shore Trail, you’ll find plenty to keep you entertained in this beautiful area.

It’s worth noting that this Multi-Family Home for sale in Tay does not come with a pool or a fireplace, but it does have internet access, making it easy to stay connected. The heating is provided by a baseboard system, and the property is connected to municipal water and sewer services. While there is no central vacuum system, the unfinished partial basement offers potential for additional storage or future development.

The lot itself measures a generous 66 x 114 feet, providing ample outdoor space for activities or simply enjoying the fresh air. There’s no garage, but you’ll find parking space for up to three vehicles, which is a real bonus in this area.

In summary, this Multi-Family Home for sale in Tay is a smart investment in lifestyle and potential. With its spacious layout, prime location, and the flexibility it offers for multigenerational living or rental income, it’s priced to sell and not to be missed. If you’re looking for a property that ticks all the boxes, make sure to check out 116 Richard Street, Tay. This is a golden opportunity to secure a slice of life in a vibrant community, so don’t hesitate to get in touch and arrange a viewing!

Victoria Harbour, nestled within the city of Tay, offers a picturesque waterfront setting that beautifully blends natural beauty with a vibrant local atmosphere. This charming community is characterised by its stunning views of the water, with opportunities for boating, fishing, and leisurely strolls along the shoreline. The area boasts a mix of modern amenities and quaint local shops, alongside well-maintained parks and recreational spaces that encourage outdoor activities. With a welcoming environment and a strong sense of community spirit, Victoria Harbour is an ideal place for those seeking a serene lifestyle while remaining connected to the conveniences of urban living.

Schools in the Neighbourhood

This property is conveniently located near two schools, making it an excellent choice for families with children. The closest is Tay Shores Public School, situated just 0.3 km away. This elementary school, part of the Simcoe County District School Board, serves grades JK to 8 and offers a public education in English. While it has a school rating of 2.5, it provides a foundational education for young learners. Additionally, St. Antoine Daniel Catholic School is located 1.0 km from the property. This Catholic institution, governed by the Simcoe Muskoka Catholic District School Board, also caters to students from JK to 8, although it currently holds a school rating of 0. Both schools offer a supportive learning environment, with Tay Shores being the closer option for daily commutes. The proximity to these educational facilities enhances the appeal of the property, making it an attractive option for families seeking a community-oriented neighborhood with accessible schooling choices.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 668 residents and an average household size of 2.4. The average age of residents is 44.3 years, indicating a mature population. The average household income stands at $82,000, with 13% of the population classified as low-income. The average property price in the area is approximately $480,000. Socially, the community exhibits a diverse structure, with 40.71% of residents being single and 41.03% living in households with children. Immigrants make up 6.21% of the population, contributing to the area's cultural diversity. Additionally, 20.34% of residents are renters, although there are no condominiums available in the vicinity. Educational attainment is relatively high, with over half (51.26%) of the population holding a college or university degree. However, a significant portion, 47.5%, is not in the labor force, which may reflect a mix of retirees and individuals pursuing education or other interests. Overall, this community presents a blend of stability, educational achievement, and family-oriented living, making it an appealing area for potential homebuyers.