$2,999,950
Available - For Sale
Listing ID: N8408600
146 Victoria St West , New Tecumseth, L9R 1L7, Ontario
| Looking for a profitable investment in one of Ontario's fastest-growing towns? This exceptional 14-unit rental property in booming Alliston is a golden opportunity for savvy investors or retirees seeking a secure, income-generating asset with constant cash flow. Why Invest in Alliston? $15 Billion Honda Expansion- More jobs, more demand for rentals!. $43 Million Hospital Expansion Increased growth in the healthcare sector. Low Vacancy, High Rental Demand, A strong rental market ensures steady income. Turnkey & Hassle-Free Investment- - No worries about Non-Paying Rents !. Operating as an Extended Stay Rental W/ 8 Bachelors and 6 One Bedroom. Low maintenance and easy to manage remotely. Solid, Well-Maintained Building and reliable, long-term investment with multiple possibilities. Endless Business & Development Potential_This versatile property is zoned for multiple uses, including: Additional Residential Units & Apartments, Bed & Breakfast, Hotels, Rooming Houses, Offices, Medical Buildings, Commercial Schools, Restaurants, Retail & Service Businesses, Live-Work Units & Townhouses (Big Possibilities!) With ample parking and a prime location, this property is a rare find! Whether you want to expand, Plan for Future Re-development, repurpose w/ different allowed uses, or continue as an income-generating rental, the opportunities are endless. Property has 2 entrances Block to block lot; Main entrance/Victoria St W/ At the back on Elizabeth St... ACT NOW!!! This wont last long! Contact us today to learn more about this lucrative investment.!! Note: "BUYER to Do his Own Diligence". **EXTRAS** Elevator is working perfectly, serving all the 3 levels and it is maintained properly. |
| Price | $2,999,950 |
| Taxes: | $13728.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 146 Victoria St West , New Tecumseth, L9R 1L7, Ontario |
| Postal Code: | L9R 1L7 |
| Province/State: | Ontario |
| Legal Description: | LT K N/S VICTORIA ST PL 253 ESSA TWP;NEW |
| Lot Size: | 82.67 x 165.16 (Feet) |
| Directions/Cross Streets: | King St N. and Victoria St. W. |
| Category: | Apartment |
| Use: | Apts-13 To 20 Units |
| Building Percentage: | Y |
| Total Area: | 13648.63 |
| Total Area Code: | Sq Ft |
| Area Influences: | Major Highway Rec Centre |
| Business/Building Name: | Alliston INN |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 24 hrs. |
| LLBO: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Y |
| Elevator Lift: | Public |
| 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. |
| MSIERRA REALTY GROUP INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | New Tecumseth |
| Neighbourhood: | Alliston |
| Lot Size: | 82.67 x 165.16(Feet) |
| Tax: | $13,728 |
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