20-24 Main St N

Halton Hills | Georgetown | L7G 3G8
  • 7
  • 4
  • 0

$1,550,000

Est. Mtg $5,255 /mo
  • Days on market

    16

  • Status

    New

Listing Broker ROYAL LEPAGE MEADOWTOWNE REALTY
Since listed: 1 views

Home details

MLS #:

W10410272

Property type:
Fourplex
Style:
2-Storey
Taxes:
$5,552
Possession:
TBD - Flex
Lot Front:
142.0   Feet
Lot Depth:
132.0   Feet
Basement:
Sep Entrance | Unfinished
Driveway Pkg:
8
Heat:
Gas | Forced Air

Description


20-24 Main St N, , Halton Hills, Ontario is a Fourplex property in Halton Hills and in the Georgetown community in the L7G 3G8 postal code


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..

Extras

Two furnaces, 1 unit is heated with electric baseboards..


History

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List Date End Date List Price End Price Status MLS #
2018-08 2018-11 $869,999 $812,500 Sld W4218021
2021-01 2021-01 $1,850 $1,800 Sus W5081719
2023-05 2023-09 $1,479,000 $1,310,000 Sld W5948708
2024-10 2024-11 $1,650,000 $1,650,000 Ter W9416799
2024-11 2024-11 $1,550,000 $1,550,000 New W10410272
2018-12 $869,999 $869,999 W4218056
2024-11 $1,650,000 $1,650,000 W9416795
2024-11 $1,550,000 $1,550,000 W10410274

Comparables

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sold Date Address List Price sold Price DOM
2023-06 20-24 Main St N, $1,479,000 $1,310,000 28
2021-04 9 John St, $1,200,000 $1,050,000 37
2018-11 20-24 Main St N, $869,999 $812,500 87

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Halton Hills :

Average sale price

$1,140,818

Properties sold

87

New Listings

165

Days on Market

12

Sale $ / List $

100%

Year on Year Growth

-1.85%



Estimated running costs for 20-24 Main St N

Based on available 3rd party data

$5853

Approximate costs per month

Mortgage
$5255 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$462 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE MEADOWTOWNE REALTY
Data Source: TRREB

Payment calculator

$5718 monthly. In association with: TD Bank
%
  • Principal and Interest
    5255 /mo
  • Property Taxes
    $462 /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

Hamid Shahsavar, Realtor

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