118 High Street
Sutton & Jackson's Point Georgina L0E 1R0

$699,900 /For Sale
Commercial

Main Photo: 118 High Street in Georgina: Sutton & Jackson's Point Property for sale : MLS®# N10429698
Photo 1: 118 High Street in Georgina: Sutton & Jackson's Point Property for sale : MLS®# N10429698
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
N10429698
Prime Mixed-Use Investment Opportunity Fully Tenanted 5-Unit Building With 3 Street-Facing Commercial Units And 2 River-Facing Residential Apartments. Generating $6,000/Month Gross Income With Potential Market Rent Of $8,500/Month. Recent $200,000 In 2024 Upgrades, Including New Heating And Cooling Systems, Ductwork, Plumbing, Electrical, And Siding, Soffit, Fascia, And Eaves, Windows, Doors, Complete Reno Of Apartments & Much More! All Hydro Separately Metered And Paid By Tenants. Long-Term Leases In Place (3- And 5-Year Terms). Operating Expenses Include Property Taxes: $7,156 (2024), Gas: $250/Month, Water: $100/Month, And Insurance: $300/Month. This Is The Best Deal In The Area For A Fully Renovated, Income-Generating Property With Long-Term Tenants And Significant Upside Potential.
Hwy 48 / High Street
Property Type:
Commercial
Commercial Type:
Store w/Apt/Office
Depth:
115'1"
Frontage:
51'7"
Total Area:
2,810 sq. ft.
Office/Apt Area:
760 sq. ft.
Retail Area:
2,050 sq. ft.
Bathrooms:
4.0
Zoning:
C1-1
Heating type:
Gas Forced Air Open
Basement:
None
Garage:
None
Possession Details:
Flexible
Taxes:
$7,156 / 2024
Assessment:
$- / -
Utilities:
Y
Water supply:
Municipal
Sewer:
San+Storm
Seller Property Info Statement:
No
Air Conditioning:
Y
Amperage:
200
Clear Height:
8'
Log/Bldg/Unit Code:
Unit
Sprinkler system:
No
Type Taxes:
Annual
Category:
Store With Apt/Office
Freestanding:
No
Date Listed:
Nov 19, 2024
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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
Data was last updated November 22, 2024 at 06:55 AM (UTC)
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