24
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$848,800
Est. payment /mo
4 Baths
2,810 SqFt
New
118 High ST Georgina, ON L0E 1R0
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,810 sqft
Price per Sqft $302
Subdivision Sutton & Jackson'S Point
MLS Listing ID N12108372
Annual Tax Amount $7,156
Tax Year 2024
Property Sub-Type Store W Apt/Office
Lot Depth 115.06
Lot Front 51.56
Property Description
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.
Location
Province ON
County York
Community Sutton & Jackson'S Point
Area York
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 51.56
Lot Depth 115.06
Others
Security Features No
Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
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