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Est. payment | /mo
19,994 SqFt
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Est. payment | /mo
19,994 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 19,994 sqft
Subdivision Trenton Ward
MLS Listing ID X13548206
Annual Tax Amount $27,541
Tax Year 2025
Property Sub-Type Investment
Property Description
Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total of 21 rental units, including 16 tenanted residential apartments and 5 fully occupied commercial units. Building 1 features 5 commercial units and 8 residential apartments. The commercial component is anchored by established long-term tenants, including a pharmacy, doctor's office, dental office, driving school, and salon. Residential tenants in Building 1 benefit from a convenient coin-operated laundry facility, while the entire building is heated by a forced-air natural gas system. Building 2 consists of 8 fully leased residential apartments, each with its own private entrance and in-suite laundry, offering tenants a high level of privacy and convenience. Building 2 is equipped with gas hot water tanks, and the shingles have been replaced within the last eight years. The residential units consist of a desirable mix of 4 one-bedroom units and 12 two-bedroom units, all occupied by excellent long-term tenants with a strong rental history. With a proven tenant base, diversified commercial income, and numerous attractive features for both residential and commercial occupants, this property presents an outstanding opportunity for investors seeking a stabilized, income-producing asset with strong long-term upside.
Location
Province ON
County Hastings
Area Hastings
Zoning CC & R4
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 240.0
Lot Depth 172.0
Others
ParcelsYN No
Listed by EKORT REALTY LTD.
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