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$1,780,000
Available - For Sale
Listing ID: N9049012
Investor's Dream! Don't miss out on this incredible opportunity to add a Legal 9-Plex in Georgina to your portfolio. This property features 5 spacious 1 Bedroom + 1 Bath units and 4 cozy 2 Bedroom + 1 Bath units, all boasting laminate flooring and individual storage units. Currently, 8 units are rented out. Tenants pay for their own hydro with separate meters for each unit, ensuring convenience and efficiency. The property offers 2 access points to a 10-space parking lot, making parking a breeze for residents. With a history of generating great long-term income, this investment is a solid choice. Situated close to all amenities and with easy access to commuter routes leading south to Newmarket and the GTA, as well as north to Cottage Country, this sought-after location in York Region, is perfect for savvy investors looking to capitalize on a developing area. Don't let this opportunity slip away!
Extras:   Coin operated onsite laundry, Each Unit Has its own Storage Locker in the basement
Price $1,780,000
Taxes: $9,972.36
Tax Type: Annual
Occupancy by: Tenant
Address: 91 High St , Georgina, L0E 1R0, Ontario
Postal Code: L0E 1R0
Province/State: Ontario
Legal Description: PT LT 8 BLK 6 PL 69 SUTTON; PT LT 9 BLK
Lot Size: 66 x 159.06 (Feet)
Directions/Cross Streets: Hwy 48 / High St
Zoning: R3-3
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 10,497
Total Area Code:  Sq Ft
Office/Appartment Area: 100
Office/Appartment Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Approximatly Age: 51-99
Franchise: N
Insurance Expense: $4654
Maintenance: 13,038.66
 Hydro Expense:  $2782
Water Expense: $6798
Gross Income/Sales: $91852
Operating Expenses: $37244
Net Income Before Debt: $129096
Expenses Actual/Estimated: $Act
Outside Storage: N
Heat Type: Baseboard
Central Air Conditioning: N
Sewers: Sanitary
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALL-STARS REALTY INC.

91 High St , Georgina, L0E 1R0, Ontario


 
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At a Glance:
Type: Com - Investment
Area: York
Municipality: Georgina
Neighbourhood: Sutton & Jackson's Point
Style:
Lot Size: 66.00 x 159.06(Feet)
Approximate Age: 51-99
Tax: $9,972.36
Maintenance Fee: $13,038.66
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