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$2,400,000
Available - For Sale
Listing ID: W12078815
Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together "as is, where is," each listed separately with individual MLS numbers. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetowns cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex.70-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $120,000 $240,000 $360,000 $480,000
First Mortgage $2,280,000 $2,160,000 $2,040,000 $1,920,000
CMHC/GE $62,700 $43,200 $35,700 $0
Total Financing $2,342,700 $2,203,200 $2,075,700 $1,920,000
Monthly P&I $10,033.6 $9,436.13 $8,890.06 $8,223.21
Expenses $0 $0 $0 $0
Total Payment $10,033.6 $9,436.13 $8,890.06 $8,223.21
Income Required $376,260.09 $353,855.05 $333,377.33 $308,370.42

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.
ROYAL LEPAGE MEADOWTOWNE REALTY

72-74 Mill Stre , Halton Hills, L7G 2C9, Halton


 
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Type: Com - Investment
Area: Halton
Municipality: Halton Hills
Neighbourhood: Georgetown
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Lot Size: x 100.13(Feet)
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Tax: $16,000
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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