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.
Address
118 High Street
List Price
$848,800
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Georgina
Sub-Area
Sutton & Jackson's Point
County
York
Bathrooms
4
Lot Depth
115.06
Lot Type
Unit
Lot Size Units
Feet
Lot Width
51.56
MLS® Number
N12108372
Listing Brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Postal Code
L0E 1R0
Tax Amount
$7,156.00
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No
Sewer
Sanitary+Storm