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 |
Tax Type: | Annual |
Occupancy by: | Own+Ten |
Address: | 20-24 Main St North , Halton Hills, L7G 3G8, Ontario |
Postal Code: | L7G 3G8 |
Province/State: | Ontario |
Lot Size: | 142.00 x 132.00 (Feet) |
Directions/Cross Streets: | Main/Guelph Street |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 0.43 |
Total Area Code: | Acres |
Approximatly Age: | 100+ |
Franchise: | N |
Sprinklers: | N |
Rail: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Part |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
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: | Com - Investment |
Area: | Halton |
Municipality: | Halton Hills |
Neighbourhood: | Georgetown |
Lot Size: | 142.00 x 132.00(Feet) |
Approximate Age: | 100+ |
Tax: | $5,552.02 |