Prime Mixed-Use Investment Opportunity Fully Tenanted 5-Unit Building With 3 Street-Facing Commercial Units And 2 River-Facing Residential Apartments. Generating $6,000/Month Gross Income With Potential Market Rent Of $8,500/Month. Recent $200,000 In 2024 Upgrades, Including New Heating And Cooling Systems, Ductwork, Plumbing, Electrical, And Siding, Soffit, Fascia, And Eaves, Windows, Doors, Complete Reno Of Apartments & Much More! All Hydro Separately Metered And Paid By Tenants. Long-Term Leases In Place (3- And 5-Year Terms). Operating Expenses Include Property Taxes: $7,156 (2024), Gas: $250/Month, Water: $100/Month, And Insurance: $300/Month. This Is The Best Deal In The Area For A Fully Renovated, Income-Generating Property With Long-Term Tenants And Significant Upside Potential.
MLS# | N11884994 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 62 |
Listing Provided By | RE/MAX HALLMARK YORK GROUP REALTY LTD. | Not Provided |
Bath(s) | 4 |
---|---|
SQ Feet | 2,810 |
State | ON |
---|---|
County | York |
City | Georgina |
Zip Code | L0E 1R0 |
Area | Sutton & Jackson's Point |
Listing VS Median (in L0E 1R0) | |
Price: $898,800 low | high Med: $999,990 SqFt: 2,810 low | high Med: 359,805 $ / SqFt: $320 low | high Med: $3 On Site: 62 low | high Med: 370.000000 |