$3,299,000
Available - For Sale
Listing ID: N13152758
19 Church Street North , New Tecumseth, L9R 1L6, Simcoe
| Exceptional investment opportunity in the growing town of Alliston, Ontario! This fully tenanted mixed-use apartment building (10 Residential Apartments: 4 - 3 bedrooms, 6 - 2 bedrooms and 4 main floor commercial units) offers stable cash flow with a strong 7.5% cap rate, making it an ideal addition to any real estate portfolio. Featuring thriving commercial space on the main floor and well-maintained residential apartments above, this property delivers diversified income from long-term tenants. fully leased. Located in a high-visibility area close to shops, restaurants, and amenities, the building benefits from Alliston's continued growth and strong rental demand. A turnkey investment with reliable returns and future upside potential in one of Simcoe County's most desirable communities. |
| Price | $3,299,000 |
| Taxes: | $21683.75 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 19 Church Street North , New Tecumseth, L9R 1L6, Simcoe |
| Postal Code: | L9R 1L6 |
| Province/State: | Simcoe |
| Legal Description: | LT 6 N/S DOMINION ST PL 127 ESSA TWP; LT |
| Directions/Cross Streets: | Victoria St. E/Church St. N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Total Area Code: | Square Meters |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Net Income Before Debt: | $257000 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Partial |
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| CENTURY 21 FINE LIVING REALTY INC. |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | New Tecumseth |
| Neighbourhood: | Alliston |
| Tax: | $21,683.75 |
| Fireplace: | N |
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