$639,900
Available - For Sale
Listing ID: N13121386
28 Queen Street North , New Tecumseth, L0G 1W0, Simcoe
| Three Unit Investment Opportunity In The Heart Of Downtown Tottenham! Rare Downtown Core Zone (DTC) property offering flexibility for investors, entrepreneurs, multi-generational families, or buyers looking to live in one unit while generating rental income from the others in the future. Current gross rental income of approximately $47,400 annually. Attractive opportunity with three self-contained residential units and permitted zoning uses including office, retail, food, health spaces, B&B and more. Beautiful brick row house with charming architectural character and detailed front facade, all within walking distance to downtown shops, restaurants, parks and amenities. Convenient location close to Alliston and Honda Canada Manufacturing. Flat roof redone in 2015. Please note: no on-site parking included. On-street and nearby municipal parking available.Main Floor Unit: One bedroom suite featuring high ceilings, spacious living room, updated 3-piece bath, eat-in kitchen with oak cabinetry and walkout to rear building access. Shared forced air furnace with basement unit. Second Floor Unit: Bright two bedroom suite recently renovated with new hardwood flooring, large windows, eat-in kitchen, living room, 4-piece bath, ensuite laundry and separate electric baseboard heating. Basement Unit: One bedroom suite with large living area, updated kitchen, updated 5-piece bath and ensuite laundry. Shared forced air furnace with main floor unit. Excellent opportunity for investors seeking strong income potential and mixed-use flexibility in Tottenham's growing downtown core. Photos have been digitally altered/staged in part to remove tenant possessions and improve marketing presentation. |
| Price | $639,900 |
| Taxes: | $2851.27 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 28 Queen Street North , New Tecumseth, L0G 1W0, Simcoe |
| Postal Code: | L0G 1W0 |
| Province/State: | Simcoe |
| Legal Description: | Pt Lts 8 & 9, W/S Queen St, Pl 341 As In |
| Directions/Cross Streets: | Queen St North & George St |
| 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 - 2 To 5 Units |
| Building Percentage: | F |
| Total Area: | 1418.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 100+ |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| CENTURY 21 HERITAGE GROUP LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | New Tecumseth |
| Neighbourhood: | Tottenham |
| Approximate Age: | 100+ |
| Tax: | $2,851.27 |
| Baths: | 3 |
| Fireplace: | N |
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