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Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Commercial, Single Family Home
Sub Type Investment Property,Office(s),Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26003771
Construction Status Unknown
Annual Tax Amount $3,992
Tax Year 2025
Property Sub-Type Investment Property,Office(s),Residential
Source WESC
Property Description
ATTENTION INVESTORS AND BUSINESS OWNERS LOOKING FOR SPACE TO OPERATE. FULLY VACANT MIXED-USE BUILDING WITH STRONG CASH FLOW POTENTIAL AND AN ESTIMATED 7.1% CAP RATE AT MARKET RENTS. IDEAL FOR A BUSINESS OWNER TO OCCUPY THE COMMERCIAL SPACE WHILE GENERATING RESIDENTIAL INCOME, OR FOR AN INVESTOR TO LEASE ALL UNITS AT MARKET RATES. PROPERTY FEATURES ONE COMMERCIAL UNIT AND TWO RESIDENTIAL UNITS, ALL VACANT, PROVIDING IMMEDIATE FLEXIBILITY. COMMERCIAL UNIT HAS JUST BEEN COMPLETELY RENOVATED WITH A MODERN DESIGN AND A BRAND-NEW BATHROOM, MAKING IT MOVE-IN READY. RESIDENTIAL UNITS FEATURE UPDATED KITCHENS AND BATHROOMS. UNIT MIX INCLUDES A VACANT COMMERCIAL SPACE, VACANT 2-BEDROOM APARTMENT, AND VACANT BACHELOR APARTMENT. TWO HYDRO METERS AND ONE GAS METER. REAR PARKING WITH FOUR SPACES. OWNED TANKLESS HOT WATER SYSTEM APPROXIMATELY FIVE YEARS OLD PLUS NEW FURNACE AND A/C. ESTIMATED MARKET RENTS: COMMERCIAL $1,900, 2-BEDROOM $1,350, BACHELOR $950.
Location
Province ON
Zoning CD2.2
Interior
Heating Air Cleaner, Central Air Conditioning, Energy Efficient, Forced Air
Cooling Air Cleaner, Central Air Conditioning, Energy Efficient, Forced Air
Flooring Ceramic or Porcelain
Building
Sewer Sanitary
Construction Status Unknown
Listed by REMAX CAPITAL DIAMOND REALTY
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