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118 High Street Georgina (Sutton & Jackson's Point), Ontario L0E 1R0

4 Bathroom 2810 sqft
Fully Air Conditioned Other

$699,900

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:11731)

Property Details

MLS® Number N10429698
Property Type Retail
Community Name Sutton & Jackson's Point
Amenities Near By Highway, Public Transit

Building

Bathroom Total 4
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 2810 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

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

https://www.realtor.ca/real-estate/27662893/118-high-street-georgina-sutton-jacksons-point-sutton-jacksons-point