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5
BEDROOMS4
BATHROOMS4
KITCHENS22
ROOMSE6715782
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-03 | 2023-10-03 | 61 | $1,050,000 | - | Expired |
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Property Description
Such A Versatile Investment Opportunity; Commercial and Residential Apartments!! Currently Generating Just Over 63K on 2nd Level Boasting Less than 5% Annual Vacancy. Owner Occupies the Main Level and Is Willing to Lease-Back for an Additional 12mths, or Vacate with Adequate Notice. Use for your Own Business or Lease It Out at Market Retail Rates with Residential Apartments Upstairs- So Many Options for the Savvy Investor. Heating= Electric baseboard on Lower Level and Gas Forced Air Upstairs.
Extras
2nd Level Income ~$63K. Projected Main Lvl Income= $38K. 2022 Bldg Expenses= $20,015. Projected Income= ~$81K. Apt 1&3- 2 Bdrm, Apt 2- 1 Bdrm. Main Lvl Occupied by Owner. Separate Gas/Hydro Meters, 400 Amp Svc for Building.
Nearby Intersections
Simcoe & Adelaide (28)
Property Features
Hospital, Library, Public Transit
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Property Details
Street
Community
City
Property Type
Store W/Apt/Office, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
25' x 120'
Fronting
West
Taxes
$9,933 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Rt-Of-Way
Garage Type
None
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