70 Victoria St E

New Tecumseth | Alliston | L9R 1L2
  • 14625.0 sqft
  • 0 gar

$4,599,999

Est. Mtg $15,597 /mo
  • Days on market

    21

  • Status

    A

Listing Broker CENTURY 21 WENDA ALLEN REALTY
Since listed: 1 views

Home details

MLS #:

N12019048

Property type:
Investment
Style:
Taxes:
$14,056
Possession:
TBD
Condo Fee:
Lot Size:
88.0 X 108.0
Zoning:
UCC
Use:
Apts-6 To 12 Units
Heat:
Elec Forced Air

Description


70 Victoria St E, , New Tecumseth, Ontario is a Investment property in New Tecumseth and in the Alliston community in the L9R 1L2 postal code


70 Victoria St East Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Levels Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, Full Roof Replacement, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as This Building Has a Fantastic Reputation Within the Community, PLUS its Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Numbers on this Investment Property will Impress. Please Inquire Further for Lease, Income and Expense Numbers.

Extras

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Payment calculator

$16769 monthly. In association with: TD Bank
%
  • Principal and Interest
    15597 /mo
  • Property Taxes
    $1171 /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

Marcus Le , Realtor

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