8 Highway No 20 Rd W

Pelham | 662 - Fonthill | L0S 1E6
  • 3553.0 sqft
  • 0 gar

$1,499,000

Est. Mtg $5,082 /mo
  • Days on market

    120

  • Status

    A

Listing Broker ROYAL LEPAGE NRC REALTY
Since listed: 0 views

Home details

MLS #:

X11881085

Property type:
Store W/Apt/Office
Style:
Taxes:
$6,616
Possession:
Flexible
Condo Fee:
Lot Size:
65.0 X 170.19
Zoning:
Main Street
Use:
Heat:
Other

Description


8 Highway No 20 Rd W, , Pelham, Ontario is a Store W/Apt/Office property in Pelham and in the 662 - Fonthill community in the L0S 1E6 postal code


This beautifully restored two-story building in the heart of Fonthill's vibrant and thriving town centre offers a rare opportunity to own a fully turn-key, fully leased property in a high-traffic location. With 3,331 ft of meticulously engineered and redesigned space, this property seamlessly blends modern upgrades with historic charm, making it a standout asset for investors or owner-occupiers. The main floor features a versatile commercial/retail space with exposed original wood beams, providing character and charm, while offering high visibility on a bustling streetperfect for retail, office, service or medical uses. The second floor houses three fully rebuilt and renovated residential units, all designed to meet modern building codes. These units include two spacious two-bedroom apartments and one cozy one-bedroom apartment, each boasting high-quality finishes and updated systems, making them move-in ready. The building is fully leased, generating excellent cash flow and a healthy cap rate, ensuring strong and consistent rental income. This property is perfect for investors seeking stable returns or business owners looking for a live-work option. Situated on a vibrant, high-traffic street with excellent exposure, this turn-key building offers endless possibilities. Whether youre moving in your business while benefiting from residential tenant income or adding this gem to your investment portfolio, this is an opportunity you won't want to miss out on..

Extras

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Payment calculator

$5634 monthly. In association with: TD Bank
%
  • Principal and Interest
    5082 /mo
  • Property Taxes
    $551 /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

Jim Millis, Realtor

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