| Message Number | 429887 | ||||||||
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| status | Active | ||||||||
| Subject Line | **Detached property in 'Vaughan' with 4 bedrooms & legal basement apt rented at $1900*Upper level can rent $4000+* Suitable for Investor or first time Buyer** | ||||||||
| Business area |
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| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | October 29 2024 | ||||||||
| Type Description | Detached | ||||||||
| Location | Vaughan | ||||||||
| Price | $1,517,701.00 | ||||||||
| Comments | ***This corner Detached property in prime location of 'Vaughan'*Updated new Engineered Wood floor in Living / Dining / Family room*Wrought Iron Staircase*9 feet ceiling on main Floor**Granite Counter top in Kitchen* Oversized Premium Corner Lot get Natural Light inside*Freshly painted all over*2 Laundries*Keyless Entry*California Shutters 2019*Roof Shingle replaced 2016*Sprinklers all over*Close to good Schools up to 12 Grade*Steps to Public Transit*Schools*Vaughan Mills*400/407 Highways*New Hospital*Canada's Wonderland*Park*Subway / Go Train to connect you with Toronto*No side walk on Driveway*20 minutes to Toronto*Legal basement apartment rented at $1900 to support your bills*** | ||||||||
| Internet Links | |||||||||
| Control | Exclusive | ||||||||
| Name | Anita Mehra | ||||||||
| Title | Sales Representative | ||||||||
| Company Name | Right At Home Realty Inc., Brokerage | ||||||||
| Address Line One | 480 Eglinton Avenue West, unit 30 | ||||||||
| City | Mississauga | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L5R-0G2 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (905)565-9200 | ||||||||
| Cell Number | 905-654-1000/416-804-7711 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
| Message Number | 429820 | ||||
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| status | Active | ||||
| Subject Line | 1 Hour To Toronto. Group Home With Gov't Funding. $4.950M. 9.5% Cap Rate. Fully Serviced 3-acre Land. Potential To Build More! | ||||
| Business area |
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| Have/Want | Have | ||||
| Business category | Business Opportunities Sites Commercial and Industrial Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | October 27 2024 | ||||
| Type Description | Residential Care Home | ||||
| Location | 1 Hour To Toronto | ||||
| Price | $4,950,000.00 | ||||
| Comments | 1 Hour To Toronto. Group Home With Gov't Funding. $4.950M.
3-Acre Land zoned Institutional. Full municipal services. |
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| Internet Links | |||||
| Control | Listing | ||||
| Name | Lino Reyes | ||||
| Title | Salesperson | ||||
| Company Name | Realty Associates Inc., Brokerage | ||||
| Address Line One | 8901 Woodbine Ave. Ste 224 | ||||
| City | Markham | ||||
| State/Province | Ontario | ||||
| Zip/Postal Code | L3R 9Y4 | ||||
| Country | Canada | ||||
| Business Phone Number | (416)293-1100 | ||||
| Cell Number | 416-562-9601 | ||||
| Home Number | 416-562-9601 | ||||
| FAX Number | 416-293-6700 | ||||
| Email Address | Send Email | ||||
| Home Page | Home Page |
| Message Number | 429819 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | 1 Hour To Toronto. Group Home With Gov't Funding. $4.950M. 9.5% Cap Rate. Fully Serviced 3-acre Land. Potential To Build More! | ||||||
| Business area |
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| Have/Want | Have | ||||||
| Business category | Business Opportunities Sites Commercial and Industrial Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | October 27 2024 | ||||||
| Type Description | Residential Care Home | ||||||
| Location | 1 Hour To Toronto | ||||||
| Price | $4,950,000.00 | ||||||
| Comments | 1 Hour To Toronto. Group Home With Gov't Funding. $4.950M.
3-Acre Land zoned Institutional. Full municipal services. |
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| Internet Links | |||||||
| Control | Listing | ||||||
| Name | Lino Reyes | ||||||
| Title | Salesperson | ||||||
| Company Name | Realty Associates Inc., Brokerage | ||||||
| Address Line One | 8901 Woodbine Ave. Ste 224 | ||||||
| City | Markham | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | L3R 9Y4 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (416)293-1100 | ||||||
| Cell Number | 416-562-9601 | ||||||
| Home Number | 416-562-9601 | ||||||
| FAX Number | 416-293-6700 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
| Message Number | 429801 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | Scarborough West Hill. Plaza for Sale. $11,000,000. 11,432sf. $473k NOI + 5% projected for 2025 NOI. Development application for 109,189 GFA. | ||||||||
| Business area |
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| Location, City | Scarborough West Hill | ||||||||
| Have/Want | Have | ||||||||
| Business category | Shopping Centres/Strip Plazas/Retail Commercial Buildings/Hotels/Motels Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots Apartment buildings/multi unit/condo townhouse projects/investments Net Leased Investment |
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| Date of Listing | October 26 2024 | ||||||||
| Type Description | Retail plaza for sale | ||||||||
| Price | $11,000,000.00 | ||||||||
| Size | 11,432 square feet | ||||||||
| Building area | 11432 | ||||||||
| Site area | 30,612 square feet (0.703 acre) | ||||||||
| Zoning | Commercial | ||||||||
| Cap Rate | 4.3% | ||||||||
| Comments | Income producing Retail Plaza with annual NOI of $473k based on current monthly base rents. NOI for 2025 projected to increase by 5% based on lease escalations. Application for Redevelopment submitted for 9-storey mixed-use building with 148 residential units and GFA of 109,189 square feet including 4,639 square feet of commercial use. Assembly Opportunity possible with adjacent properties. Recent improvements to property include increased lighting, new sign boxes above each unit, and update to building façade. High traffic along 6-lane Kingston Rd. Highly visibility to passing traffic. Public transit and close Proximity To Guildwood & Eglinton Go Stations. | ||||||||
| Internet Links | |||||||||
| Client Details | User/Manager Redeveloper/Rehaber |
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| Clients Objective | Taking profit Recognize Value |
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| Control | Regular Client | ||||||||
| Name | Itamar Teich, B.Eng.,MBA | ||||||||
| Title | Sales Representative | ||||||||
| Company Name | Sutton Group-Admiral Realty Inc., Brokerage | ||||||||
| Address Line One | 1206 Centre Street | ||||||||
| City | Thornhill | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L4J 3M9 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (416)739-7200 | ||||||||
| Cell Number | (416)823-8735 | ||||||||
| FAX Number | (416)739-9367 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
| Message Number | 429745 | ||||||||
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| status | Active | ||||||||
| Subject Line | Downtown Brampton, GTA, Redevelopment of 3 lots, 18,000SF lot, $3.5M, Great Location, One property Commercial, Possible Commercial & Residential Redevelopment | ||||||||
| Business area |
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| Location, City | Brampton | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | October 25 2024 | ||||||||
| Type Description | Redevelopment Site | ||||||||
| Location | Brampton | ||||||||
| Price | $3,500,000.00 | ||||||||
| Size | 18,000sf | ||||||||
| Comments | Downtown Brampton, GTA, Redevelopment of 3 lots, 18,000SF lot, $3.5M, Great Location, One property Commercial, Possible Commercial & Residential Redevelopment | ||||||||
| Internet Links | |||||||||
| Control | Exclusive | ||||||||
| Name | Rodica Iliescu, SRES | ||||||||
| Title | Broker | ||||||||
| Company Name | Re/Max All Stars Realty Inc., Brokerage | ||||||||
| Address Line One | 5071 Highway # 7 East | ||||||||
| City | Unionville | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L3R 1N3 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (647)204-4663 | ||||||||
| Cell Number | 6472044663 | ||||||||
| Home Number | 6472044663 | ||||||||
| FAX Number | 9054776839 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
| Message Number | 429722 | ||||||||
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| status | Active | ||||||||
| Subject Line | +9% Cap!Trenton investment 1.5 hrs E of Toronto-Beautiful limestone bldg, hi profile crnr,2 main fl comm units+2 2nd fl 2 br apts+solar panel income+prkg-$715k! | ||||||||
| Business area |
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| Location, City | Trenton, Quinte West | ||||||||
| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Apartment buildings/multi unit/condo townhouse projects/investments Net Leased Investment |
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| Date of Listing | October 24 2024 | ||||||||
| Type Description | Trenton investment opportunity | ||||||||
| Location | Trenton, Quinte West | ||||||||
| Price | $715,000.00 | ||||||||
| Comments | Beautiful limestone building investment opportunity on high profile corner lot now available to add to your investment portfolio! 2 main floor commercial units plus two second floor two bedroom apartments. Solar panels for additional rental income. On site parking too! Great return +9%!!!!! | ||||||||
| Internet Links | Building Photo Quinte West Community Profile The Belleville Advantage |
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| Control | MLS | ||||||||
| Name | Allan H. Lunenfeld, LL.B. | ||||||||
| Title | Broker - Commercial | ||||||||
| Company Name | Royal LePage ProAlliance Realty, Brokerage | ||||||||
| Address Line One | 357 Front Street | ||||||||
| City | Belleville | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | K8N 2Z9 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (613)966-6060 | ||||||||
| FAX Number | (613) 966-2904 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
| Message Number | 429717 | |||||||||
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| status | Active | |||||||||
| Subject Line | Simcoe. Cash Flowing Property for Sale! $899,990. Generating $6050/month or $72,600/year! Three Homes for the Price of one! Fully Renovated, Fully Tenanted. | |||||||||
| Business area |
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| Location, City | Simcoe | |||||||||
| Have/Want | Have | |||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments Residential estates single family homes condos cottages, vacation homes |
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| Date of Listing | October 23 2024 | |||||||||
| Type Description | Simcoe. Cash Flowing Property for Sale! $899,990. Generating $6050 per month or $72,600 per year! | |||||||||
| Location | Simcoe | |||||||||
| Price | $899,990.00 | |||||||||
| Gross Income | 72600 | |||||||||
| Comments | CASH FLOWING PROPERTY FOR SALE! Three homes for the price of one! Two semi-detached homes for sale generating $72,600 per year with three units in place. First Home consists of 2 Units - Unit 1 consists of 2 beds, 2 baths rented for $2250 per month and Unit 2 consists of 1 bed, 1 bath rented for $1600 per month. Second Home is 1 Unit which consists of 1+1 bed and 1 bath currently rented for $2200 per month. Tenants pay own utilities. Each unit has their own separate entrance, parking, and laundry. Fully renovated from top to bottom. This home has been completely rebuilt - new electrical, new plumbing, new roof, new HVAC! Convenient location close to all amenities! | |||||||||
| Internet Links | ||||||||||
| Control | MLS | |||||||||
| Name | Dana Eddy, B.Sc.(Honours) | |||||||||
| Title | Salesperson | |||||||||
| Company Name | Your Home Sold Guaranteed Realty Brokerage | |||||||||
| Address Line One | 185 Simcoe St. N. | |||||||||
| City | Oshawa | |||||||||
| State/Province | Ontario | |||||||||
| Zip/Postal Code | L1G 4S8 | |||||||||
| Country | Canada | |||||||||
| Business Phone Number | (905)261-8305 | |||||||||
| Cell Number | 905-730-6945 | |||||||||
| Email Address | Send Email | |||||||||
| Home Page | Home Page |
| Message Number | 429642 | ||||||||
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| status | Active | ||||||||
| Subject Line | Toronto- Etobicoke, Vacant Land, EL Zoning, $6M, 1.7acres, 155ft frontage; near many retail outlets | ||||||||
| Business area |
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| Location, City | Toronto - Etobicoke | ||||||||
| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Sites Commercial and Industrial Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | October 17 2024 | ||||||||
| Type Description | Vacant Land, EL Zoning, $6M, 1.7acres, near busy retail outlets | ||||||||
| Location | Toronto municipality outskirts | ||||||||
| Price | $6,000,000.00 | ||||||||
| Comments | Toronto- Etobicoke, Vacant Land, EL Zoning, $6M, 1.7acres, 155ft frontage; near many retail outlets | ||||||||
| Internet Links | |||||||||
| Control | Regular Client | ||||||||
| Name | Sandy Bal, SRS, ABR, SRES, RENE, Ex Paralegal, Ex Builde | ||||||||
| Title | Realtor | ||||||||
| Company Name | eXp Realty Inc. Brokerage | ||||||||
| Address Line One | 4711 Yonge St, 10th Floor, Suite C | ||||||||
| City | Toronto | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | M2N 6K8 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | 1(866)530-7737 | ||||||||
| Cell Number | 6479925603 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
| Message Number | 429616 | ||||||
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| status | Active | ||||||
| Subject Line | Residential Development Land Available, GTA West, Site in Secondary Plan, Medium Density, 5 Acres ... Contact for Details | ||||||
| Business area |
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| Location, City | GTA West | ||||||
| Have/Want | Have | ||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||
| Date of Listing | October 16 2024 | ||||||
| Type Description | Residential Development Land | ||||||
| Location | GTA West | ||||||
| Price | $12,000,000.00 | ||||||
| Price Comment | Negotiable | ||||||
| Size | 5 Acres | ||||||
| Zoning | Low Rise Residential | ||||||
| Comments | Residential Development Land Available, GTA West, Site in Secondary Plan, Medium Density, 5 Acres ... Contact for Details ... Serious Enquiries Only | ||||||
| Internet Links | |||||||
| Client Details | Active Investor | ||||||
| Client Situation | Geographical | ||||||
| Clients Objective | Opportunity | ||||||
| Client Will | Take Back Mortgage | ||||||
| Client Wants | -- NONE -- | ||||||
| Explain Client's Motivation | Motivated Seller | ||||||
| Control | Exclusive | ||||||
| Name | Baljinder Sra, ABR | ||||||
| Title | Broker | ||||||
| Company Name | RE/MAX Gold Realty Inc., Brokerage | ||||||
| Address Line One | 2720 North Park Dr #201 | ||||||
| City | Brampton | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | L6S 0E9 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (905)456-1010 | ||||||
| Cell Number | 416-419-9697 | ||||||
| FAX Number | 905-673-8900 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
| Message Number | 429604 | |||||||||||
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| status | Active | |||||||||||
| Subject Line | (1) Guelph / Hamilton ON, (2) Bungalow - 20 acres - 13 Acres Bush (3) $2.5M O.B.O. (4) turnkey investment producing $5500/month | |||||||||||
| Business area |
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| Have/Want | Have | |||||||||||
| Business category | Farm or Ranch Land Apartment buildings/multi unit/condo townhouse projects/investments Net Leased Investment Residential estates single family homes condos cottages, vacation homes |
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| Date of Listing | October 15 2024 | |||||||||||
| Type Description | 20+ Acres Home - 13 acres bush - Rented | |||||||||||
| Location | Guelph/Hamilton | |||||||||||
| Price | $2,500,000.00 | |||||||||||
| Price Comment | Or Best Offer | |||||||||||
| Comments | (1) Guelph ON, (2) 20 acres mixed-use land - 12 acres bush (3) $2.7M O.B.O. (4) turnkey investment producing $5500/month
house and garages and buildings rented |
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| Internet Links | ||||||||||||
| Control | Regular Client | |||||||||||
| Name | Dustin Sidhu | |||||||||||
| Title | Sales Representative | |||||||||||
| Company Name | Homelife G1 Realty Inc. Brokerage | |||||||||||
| Address Line One | 2260 Bovaird Dr. E. #202 | |||||||||||
| City | Brampton | |||||||||||
| State/Province | Ontario | |||||||||||
| Zip/Postal Code | L6R 3J5 | |||||||||||
| Country | Canada | |||||||||||
| Business Phone Number | (647)927-9156 | |||||||||||
| Cell Number | 6479279156 | |||||||||||
| Email Address | Send Email |
| Message Number | 429599 | ||||||||
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| status | Active | ||||||||
| Subject Line | Niagara Falls, Ontario - 11 unit Multifamily Apartment - 1/2 acre land - $2.6M o.b.o. - can easily add 6 more units to increase NOI * MUST SELL ASAP * | ||||||||
| Business area |
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| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | October 15 2024 | ||||||||
| Type Description | Multifamily Apartment | ||||||||
| Location | Niagara Falls | ||||||||
| Price | $2,600,000.00 | ||||||||
| Cap Rate | 5% | ||||||||
| Comments | Niagara Falls - 11 unit Multifamily Apartment - 1/2 acre land - $2.7M o.b.o. - can easily add 6 more units to increase NOI | ||||||||
| Internet Links | |||||||||
| Control | Regular Client | ||||||||
| Name | Dustin Sidhu | ||||||||
| Title | Sales Representative | ||||||||
| Company Name | Homelife G1 Realty Inc. Brokerage | ||||||||
| Address Line One | 2260 Bovaird Dr. E. #202 | ||||||||
| City | Brampton | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L6R 3J5 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (647)927-9156 | ||||||||
| Cell Number | 6479279156 | ||||||||
| Email Address | Send Email |
| Message Number | 429344 | |||||||||||
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| status | Active | |||||||||||
| Subject Line | Hamilton (45 min. to Toronto) $1.45M. Vacant. Suitable for: Day Nursery, Childcare, Lodging, Community, Cultural Center, Senior, Retirement, Foster, Care Home | |||||||||||
| Business area |
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| Have/Want | Have | |||||||||||
| Business category | Commercial Buildings/Hotels/Motels Business Opportunities Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks Apartment buildings/multi unit/condo townhouse projects/investments Residential estates single family homes condos cottages, vacation homes |
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| Date of Listing | October 3 2024 | |||||||||||
| Type Description | Suitable for: Day Nursery, Childcare, Lodging, Community, Cultural Center, Senior, Retirement, Foster, Care Home | |||||||||||
| Location | Hamilton | |||||||||||
| Price | $1,450,000.00 | |||||||||||
| Comments | Hamilton (45 min. to Toronto) $1.45M. Vacant. Suitable for: Day Nursery, Childcare, Lodging, Community, Cultural Center, Senior, Retirement, Foster, Care Home
Other uses permitted: Single and Multi-Family Dwelling, Place of Worship (Church, Mosque, Masjid, Gurdwara, Temple, Mandir) as well as Library, Seminary, and School of Learning Recently renovated with contemporary finishes and open layout allows for customizable configurations to suit various business or residential needs. Boasting captivating views of Lake Ontario and steps to the beach. Perfect investment property to capitalize on the booming short-term rental market |
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| Internet Links | ||||||||||||
| Client Wants | -- NONE -- | |||||||||||
| Control | MLS | |||||||||||
| Name | Neil Jain | |||||||||||
| Title | Broker of Record | |||||||||||
| Company Name | RCB Realty Inc., Brokerage | |||||||||||
| Address Line One | 1200 Speers Road, #16 | |||||||||||
| City | Oakville | |||||||||||
| State/Province | Ontario | |||||||||||
| Zip/Postal Code | L6L 2X4 | |||||||||||
| Country | Canada | |||||||||||
| Business Phone Number | (416)740-0002 | |||||||||||
| Cell Number | 416-740-0002 | |||||||||||
| Email Address | Send Email | |||||||||||
| Home Page | Home Page |
| Message Number | 429306 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | Trenton (1.5 hrs E of Toronto)Downtown mixed use invest. opp. 5 comm.+7 apts. 2 rd frontages. Many bldg improvements.Pot. Gross approx. $168k yr. Proj net+$130k | ||||||
| Business area |
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| Location, City | Trenton (Quinte West) | ||||||
| Have/Want | Have | ||||||
| Business category | Commercial Buildings/Hotels/Motels Apartment buildings/multi unit/condo townhouse projects/investments Net Leased Investment |
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| Date of Listing | October 3 2024 | ||||||
| Type Description | Trenton mixed use investment opportunity! | ||||||
| Location | Trenton (Quinte West) | ||||||
| Price | $2,145,000.00 | ||||||
| Comments | Great downtown Trenton mixed use commercial / residential investment opportunity, 5 commercial units and 7 apartments. Second road frontage on Market Square. Many building improvements. Potential Gross Income of approximately $168,000 per year with projected net income of over $130,000. | ||||||
| Internet Links | Building Photo Quinte West Community Profile The Belleville Advantage |
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| Control | MLS | ||||||
| Name | Allan H. Lunenfeld, LL.B. | ||||||
| Title | Broker - Commercial | ||||||
| Company Name | Royal LePage ProAlliance Realty, Brokerage | ||||||
| Address Line One | 357 Front Street | ||||||
| City | Belleville | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | K8N 2Z9 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (613)966-6060 | ||||||
| FAX Number | (613) 966-2904 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
| Message Number | 428975 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | OWNERS RETIRING -COMMERCIAL BUILDING/ APARTMENTS, Kincardine (2 1/2 hours from GTA), Endless possibilities, $899,000 | ||||||
| Business area |
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| Location, City | Kincardine | ||||||
| Have/Want | Have | ||||||
| Business category | Shopping Centres/Strip Plazas/Retail Commercial Buildings/Hotels/Motels Business Opportunities Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | September 20 2024 | ||||||
| Type Description | Commercial Building and Apartments | ||||||
| Location | Kincardine | ||||||
| Price | $899,000.00 | ||||||
| Price Comment | Building Only | ||||||
| Bldg Area Max | 0 | ||||||
| Building Area Comment | 5100 sq.ft. | ||||||
| Site area | High Traffic/Main Street Frontage | ||||||
| Zoning | C-2 Highway Service Commercial | ||||||
| Comments | Location currently occupied by a convenience store known as Hi-Way Variety which has operated in this location for over 50 years. Owners retiring. With over 3400 sq ft on the ground floor, it would make an ideal location to continue the convenience store business in the current 1332 sqft area. Commercial area could be expanded into the vacant 1330 sqft and / or 462 sqft unfinished area (former take out restaurant) on the ground floor. The upper level has over 2000 sqft with a 3 bedroom, 1326sqft (occupied) apartment & a 1 bedroom, 670 sqft (vacant) apartment. The large lot with 338 ft. fronting on Queen St. (main st) has an area of .6 acre. Ample space for refurbishment & expansion of the existing building or a whole new residential complex. There are so many possibilities, only limited by your imagination. See allowable uses in a C-2 Highway Service Commercial zone. NO STATEMENTS available from business as the business is not for sale - owners retiring. Stock & equipment not included but can be purchased separately. | ||||||
| Internet Links | |||||||
| Control | MLS | ||||||
| Name | Russell Coultrup | ||||||
| Title | Sales Representative | ||||||
| Company Name | Re/Max Land Exchange Ltd. Brokerage | ||||||
| Address Line One | 325 Lambton St. Unit 4A | ||||||
| City | KINCARDINE | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | N2Z 0E3 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (519)396-5062 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
| Message Number | 428974 | ||||||
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| status | Active | ||||||
| Subject Line | NEW PRICE - 45 Unit Apartment Building & 5 Commercial Units, Lake Huron Area (2 1/2 hrs. to GTA),$8,600,000.00, Fully Occupied with Plenty of Parking | ||||||
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| Have/Want | Have | ||||||
| Business category | Commercial Buildings/Hotels/Motels Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | September 20 2024 | ||||||
| Type Description | 45 Unit Apartment Building & 5 Commercial Units | ||||||
| Location | Walking Distance to Downtown Core | ||||||
| Price | $8,600,000.00 | ||||||
| Size | 45 Apts & 5 Commercial Units | ||||||
| Site area | 1.47 Acres | ||||||
| Cap Rate | 5.25% | ||||||
| Comments | Well-maintained 45 suite apartment building close to downtown core. Consists of 25 - 2 bedroom and 20 - 1 bedroom apartments plus 5 well-established commercial units. This 3 story building with ample parking sits on 1.47 Acres and has been owned and maintained by the same family since being built in 1980. Updated elevator, alarm system, windows, balcony doors, kitchens & bathrooms. Occupied by long-term, mature residents. On-site laundry facilities and residents lounge. Currently fully rented with typical zero vacancy and a waiting list. Located in an area with strong residential rental demand. Current rents are under market value and incoming new tenants are paying 40% increase. Viewings to be arranged following acceptance of an Agreement of Purchase and Sale. Roof shingles replaced August 8 2024 | ||||||
| Internet Links | |||||||
| Control | Exclusive | ||||||
| Name | Russell Coultrup | ||||||
| Title | Sales Representative | ||||||
| Company Name | Re/Max Land Exchange Ltd. Brokerage | ||||||
| Address Line One | 325 Lambton St. Unit 4A | ||||||
| City | KINCARDINE | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | N2Z 0E3 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (519)396-5062 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
