159 Y Rd

Hastings Highlands | | K0L 1C0
  • 8848.0 sqft
  • 0 gar

$999,000

Est. Mtg $3,387 /mo
  • Days on market

    178

  • Status

    A

Listing Broker RIGHT AT HOME REALTY
Since listed: 0 views

Home details

MLS #:

X8234226

Property type:
Industrial
Style:
Taxes:
$8,562
Possession:
TBD
Condo Fee:
Lot Size:
310.0 X 213.0
Zoning:
Urban Industrial
Use:
Other
Heat:
Radiant

Description


159 Y Rd, , Hastings Highlands, Ontario is a Industrial property in Hastings Highlands and in the community in the K0L 1C0 postal code


Located just north of Bancroft, this combination of a thriving well-established custom kitchen cabinetry with supplementary rental income from 49 heated storage units is a fantastic opportunity for someone looking to start or expand within the kitchen business offering stability or for entrepreneurs looking to establish something new. 5 Reasons to love this property: Location: Being easily accessible from a major highway(62N) and situated in a desirable developing area provides excellent exposure and potential for growth. Facilities: With over 8800 sq ft spread across three free-standing buildings, there's plenty of space for operations and expansion. The heated storage units available in different sizes adds versatility to the property. Income Streams: The established custom cabinetry business provides a solid foundation, while the rental income from the storage units offers a steady stream of cash flow. This dual-income model can help mitigate risks and potentially accelerate the payoff of any mortgage. Inventory: The inclusion of an expansive inventory of equipment is a significant asset, particularly for a start-up or an existing business looking to expand. It reduces the initial investment required and streamlines the transition process. Zoning: The fact that the zoning allows for multiple uses provides flexibility for future development or diversification of services..

Extras

Seller is willing to stay on to help with transition..



Payment calculator

$4100 monthly. In association with: TD Bank
%
  • Principal and Interest
    3387 /mo
  • Property Taxes
    $713 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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