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. (id:56069)
| MLS® Number | N11884994 |
| Property Type | Retail |
| Community Name | Sutton & Jackson's Point |
| Amenities Near By | Highway, Public Transit |
| Bathroom Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2,810 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 115 Ft |
| Size Frontage | 51 Ft ,6 In |
| Size Irregular | Unit=51.56 X 115.06 Ft |
| Size Total Text | Unit=51.56 X 115.06 Ft |
| Zoning Description | C1-1 |
Contact us for more information
Steven Sarasin
Salesperson
(905) 727-1941
(905) 841-6018
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