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. |
Extras: Two furnaces, 1 unit is heated with electric baseboards. |
Price | $1,550,000 |
Taxes: | $5552.02 |
Address: | 20-24 Main St North , Halton Hills, L7G 3G8, Ontario |
Lot Size: | 142.00 x 132.00 (Feet) |
Directions/Cross Streets: | Main/Guelph St |
Rooms: | 20 |
Bedrooms: | 7 |
Bedrooms +: | |
Kitchens: | 4 |
Family Room: | N |
Basement: | Sep Entrance, Unfinished |
Approximatly Age: | 100+ |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Alum Siding |
Garage Type: | Detached |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 8 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3000-3500 |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Laundry Level: | Main |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Utilities-Telephone: | A |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE MEADOWTOWNE REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Halton |
Municipality: | Halton Hills |
Neighbourhood: | Georgetown |
Style: | 2-Storey |
Lot Size: | 142.00 x 132.00(Feet) |
Approximate Age: | 100+ |
Tax: | $5,552.02 |
Beds: | 7 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |