An opportunity is knocking. Great location, fully newly renovated investment property in historical area in Newmarket. Contain of a two bedroom residential in second floor and four commercial unit facing the street on main floor. All the units have their own power meter and gas meter that the tenant pays utility by themselves not the owner, with the gross income of $377,742 HST included.This property is a unique property in the area with engine of money making must see. All the tenants are solid and good and they are on 3 to 5 years term lease also willing to stay. There is potential to add some floor on the top because the newly structure they put on property strong enough to allow that although with city permit.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
8854 sq. ft. Square Feet
Total Area:
8,854 sq. ft.823 m2
Retail Area:
5684 sq. ft. Sq Ft
Industrial Area:
0 sq. ft. Sq Ft
Office/Apt Area:
3170 sq. ft. Sq Ft
Lot Depth:
99'1"30.2 m
Lot Frontage:
58'1"17.7 m
Water supply:
Municipal
Zoning:
UC-D2
Heating type:
Gas Forced Air Closed
Clear Height:
9'2.74 m
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$20,000 /
2026
Assessment:
$- /
-
York
Newmarket
Central Newmarket
No
N/A
All the appliances in residential units. All furnaces and air conditioners.
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