118 HIGH STREET

Georgina (Sutton & Jackson's Point), Ontario, L0E1R0, Canada

$898,800

Prime Mixed-Use Investment Opportunity Fully Tenanted 5-Unit Building With 3 Street-Facing Commercial Units And 2 River-Facing Residential Apartments. Generating $6,000/Month Gross Income With Potential Market Rent Of $8,500/Month. Recent $200,000 In 2024 Upgrades, Including New Heating And Cooling Systems, Ductwork, Plumbing, Electrical, And Siding, Soffit, Fascia, And Eaves, Windows, Doors, Complete Reno Of Apartments & Much More! All Hydro Separately Metered And Paid By Tenants. Long-Term Leases In Place (3- And 5-Year Terms). Operating Expenses Include Property Taxes: $7,156 (2024), Gas: $250/Month, Water: $100/Month, And Insurance: $300/Month. This Is The Best Deal In The Area For A Fully Renovated, Income-Generating Property With Long-Term Tenants And Significant Upside Potential.

Last updated on : Sunday 15th of December 2024 06:04:03 PM

ADDRESS

Street : 118 HIGH STREET

City : Georgina (Sutton & Jackson's Point)

Province : Ontario

Country : Canada

Postal Code : L0E1R0

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PROPERTY SUMMARY

Property ID : N11884994

Building Type : Residential Commercial Mix

Property Type : Retail

Bathrooms : 4

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