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$2,999,950
Available - For Sale
Listing ID: N8408600
Looking for a profitable investment in one of Ontario's fastest-growing towns? This exceptional 14-unit rental property in booming Alliston is a golden opportunity for savvy investors or retirees seeking a secure, income-generating asset with constant cash flow. Why Invest in Alliston? $15 Billion Honda Expansion- More jobs, more demand for rentals!. $43 Million Hospital Expansion Increased growth in the healthcare sector. Low Vacancy, High Rental Demand, A strong rental market ensures steady income. Turnkey & Hassle-Free Investment- - No worries about Non-Paying Rents !. Operating as an Extended Stay Rental W/ 8 Bachelors and 6 One Bedroom. Low maintenance and easy to manage remotely. Solid, Well-Maintained Building and reliable, long-term investment with multiple possibilities. Endless Business & Development Potential_This versatile property is zoned for multiple uses, including: Additional Residential Units & Apartments, Bed & Breakfast, Hotels, Rooming Houses, Offices, Medical Buildings, Commercial Schools, Restaurants, Retail & Service Businesses, Live-Work Units & Townhouses (Big Possibilities!) With ample parking and a prime location, this property is a rare find! Whether you want to expand, Plan for Future Re-development, repurpose w/ different allowed uses, or continue as an income-generating rental, the opportunities are endless. Property has 2 entrances Block to block lot; Main entrance/Victoria St W/ At the back on Elizabeth St... ACT NOW!!! This wont last long! Contact us today to learn more about this lucrative investment.!! Note: "BUYER to Do his Own Diligence". **EXTRAS** Elevator is working perfectly, serving all the 3 levels and it is maintained properly.
Price $2,999,950
Taxes: $13,728
Tax Type: Annual
Occupancy by: Tenant
Address: 146 Victoria St West , New Tecumseth, L9R 1L7, Ontario
Postal Code: L9R 1L7
Province/State: Ontario
Legal Description: LT K N/S VICTORIA ST PL 253 ESSA TWP;NEW
Lot Size: 82.67 x 165.16 (Feet)
Directions/Cross Streets: King St N. and Victoria St. W.
Zoning: DCT-Downtown Com
Category: Apartment
Use: Apts-13 To 20 Units
Building Percentage: Y
Total Area: 13,648.63
Total Area Code:  Sq Ft
Area Influences: Major Highway   Rec Centre
Business/Building Name: Alliston INN
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 24 hrs.
LLBO: N
Heat Type: Other
Central Air Conditioning: Y
Elevator Lift: Public
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MSIERRA REALTY GROUP INC.

146 Victoria St West , New Tecumseth, L9R 1L7, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Alliston
Style:
Lot Size: 82.67 x 165.16(Feet)
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Tax: $13,728
Maintenance Fee: $0
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