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$1,550,000
Available - For Sale
Listing ID: W10410274
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.
Extras:   Two furnaces, 1 unit is heated with electric baseboards.
Price $1,550,000
Taxes: $5,552.02
Tax Type: Annual
Occupancy by: Own+Ten
Address: 20-24 Main St North , Halton Hills, L7G 3G8, Ontario
Postal Code: L7G 3G8
Province/State: Ontario
Lot Size: 142 x 132 (Feet)
Directions/Cross Streets: Main/Guelph Street
Zoning: LDR1-2(MN)
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: .43
Total Area Code:  Acres
Approximatly Age: 100+
Franchise: N
Sprinklers: N
Rail: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE MEADOWTOWNE REALTY

20-24 Main St North , Halton Hills, L7G 3G8, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Halton
Municipality: Halton Hills
Neighbourhood: Georgetown
Style:
Lot Size: 142.00 x 132.00(Feet)
Approximate Age: 100+
Tax: $5,552.02
Maintenance Fee: $0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949