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$898,800
Available - For Sale
Listing ID: N11884994
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.
Price $898,800
Taxes: $7,156
Tax Type: Annual
Occupancy by: Tenant
Address: 118 High St , Georgina, L0E 1R0, Ontario
Postal Code: L0E 1R0
Province/State: Ontario
Lot Size: 51.56 x 115.06 (Feet)
Directions/Cross Streets: Hwy 48 / High Street
Zoning: C1-1
Category: Store With Apt/Office
Building Percentage: N
Total Area: 2,810
Total Area Code:  Sq Ft
Office/Appartment Area: 760
Office/Appartment Area Code: Sq Ft
Retail Area: 2050
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Sprinklers: N
Clear Height Feet: 8
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK YORK GROUP REALTY LTD.

118 High St , Georgina, L0E 1R0, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: York
Municipality: Georgina
Neighbourhood: Sutton & Jackson's Point
Style:
Lot Size: 51.56 x 115.06(Feet)
Approximate Age:
Tax: $7,156
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
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