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$ 2,199,999
Est. payment | /mo
3,765 SqFt
$ 2,199,999
Est. payment | /mo
3,765 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,765 sqft
Price per Sqft $584
Subdivision 20 - City Core/Wellington
MLS® Listing ID 40771350
Property Sub-Type Freehold
Source Cornerstone Association of Realtors
Property Description
Discover this exceptional mixed use retail and multifamily property. This asset offers a seamless blend of ground-floor retail spaces and upper-level residential units and has three owned parking spaces located directly behind the building. Each residential unit has in-suite laundry and features separate meters for utilities. Pedestrian-friendly and known for its vibrant atmosphere, annual summer street closures for outdoor dining and events, and proximity to shops, restaurants, rapid transit, and amenities. A pillar in the Community Core known for its historic roots, this building is located in the heart of the city's plan for intensification and growth. With an impressive ROI and cap rates, this property delivers a competitive value and offers a strong yield. This mixed-use gem stands out as a resilient, low-risk opportunity with potential for value add enhancements. Don't miss this chance to capitalize on this investment opportunity. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by PEAK REALTY LTD.
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