$ 1,550,000
20-24 Main ST N Halton Hills, ON L7G 3G8
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$ 1,550,000
Est. payment | /mo
$ 1,550,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID W10410274
Annual Tax Amount $5,552
Tax Year 2024
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.
Location
Province ON
County Halton
Area Georgetown
Interior
Cooling Partial
Exterior
Garage Spaces 10.0
Utilities Available Yes
Others
Security Features No
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
GET MORE INFORMATION
Melissa, Maria & Amanda 3rd Ave
Realtor | License ID: 4769738
+1(705) 888-0860 | info@thirdavenue.ca