$ 1,550,000
20-24 Main ST N Halton Hills, ON L7G 3G8
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,550,000
Est. payment /mo
New
20-24 Main ST N Halton Hills, ON L7G 3G8
UPDATED:
11/06/2024 05:36 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID W10410274
Annual Tax Amount $5,552
Tax Year 2024
Property Description
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.
Location
State ON
County Halton
Area Georgetown
Interior
Cooling Partial
Exterior
Garage Spaces 10.0
Utilities Available Yes
Parking Type Double Detached
Others
Security Features No
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY