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$ 1,799,000
Est. payment | /mo
3,500 SqFt
$ 1,799,000
Est. payment | /mo
3,500 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $514
Subdivision Lakeview
MLS Listing ID W13733864
Annual Tax Amount $10,940
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property Description
Dare to compare !! Exceptional commercial/residential property,same owners for the last 59 years, meticulously maintained with many upgrades. This is an income generating building in a highly visible location,fronting on lakeshore with excellent exposure to both pedestrian and vehicular traffic, offering strong visibility for the retail component and convenient access to the residential tenants.The property features 3x2 bedrooms apartments and one retail space, providing an attractive combination of commercial and residential uses.The property is currently fully tenanted with leases in place until 2027,with tenants willing to stay offering immediate income to the next owner, Extensively upgraded and carefully maintained, the building features updated windows, roof and four side stucco finish, 400 amp electrical service,five separate meters,a new tankless water heater and a new air condition unit (for store only). With its long-standing ownership,established tenancy,significant recent improvements,multiple income streams and prime lakeshore exposure, this property represent an excellent opportunity for investors or owner-users seeking a solid,income producing asset with long term potential.Great upside in years to come with new developments coming to the area !!!
Location
Province ON
County Peel
Area Peel
Interior
Cooling Partial
Exterior
Community Features Greenbelt/Conservation, Major Highway
Utilities Available Yes
Lot Frontage 40.08
Lot Depth 122.5
Others
Security Features Partial
ParcelsYN No
Listed by CASTLEMORE REAL ESTATE LIMITED
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