118 HIGH STREET, Georgina (Sutton & Jackson's Point), Ontario, CA

Address: 118 HIGH STREET, Georgina (Sutton & Jackson's Point), Ontario

0 Beds4 Baths2810 sqftStatus: Buy
Price $898,800

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Retail
Building Type
Residential Commercial Mix
Square Footage
2810 sqft
Community Name
Sutton & Jackson's Point
Land Size
Unit=51.56 x 115.06 FT
Building
Building Features
Square Footage
2810 sqft
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
C1-1
Features
           Fully air conditioned
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Your Home Finance Calculation

Property Price CA $898,800
Bank Loan Amount CA $0
Monthly Installment CA $0

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