Property Description
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.
Show MoreHighlights
Two furnaces, 1 unit is heated with electric baseboards.
Property Details
- Community: Georgetown
- City: Halton Hills
- Bedrooms:
- Bathrooms:
- Garage: Double Detached (
- Property Type: Commercial
- Property Status: For Sale
Additional Features
- Heating: Gas Forced Air Closd ,
- Sewer/Water Systems: Sanitary , Municipal
Rooms
Listing Contracted With: ROYAL LEPAGE MEADOWTOWNE REALTY
Listed By Agents Details
Neerajan Vijayakanthan
Realtor
RE/MAX ACE REALTY INC.,
3-1266 Kennedy Rd ,
Toronto , ON M1P 2L5
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