Masoud Ahangar
Broker
$898,800
Available - For Sale
Listing ID: N11884994
118 High St , Georgina, L0E 1R0, Ontario
| 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: | $7156.00 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Category: | Store With Apt/Office |
| Building Percentage: | N |
| Total Area: | 2810.00 |
| 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 |
| Washrooms: | 4 |
| 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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| RE/MAX HALLMARK YORK GROUP REALTY LTD. |
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Masoud Ahangar
Broker
Dir:
416-409-9369
Bus:
647-763-6474
Fax:
888-280-3737
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | York |
| Municipality: | Georgina |
| Neighbourhood: | Sutton & Jackson's Point |
| Lot Size: | 51.56 x 115.06(Feet) |
| Tax: | $7,156 |
| Baths: | 4 |
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