$ 999,900
100 TRAFALGAR ROAD Erin (hillsburgh), ON N0B1Z0
REQUEST A TOUR
$ 999,900
Est. payment | /mo
3,650 SqFt
$ 999,900
Est. payment | /mo
3,650 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,650 sqft
Price per Sqft $273
Subdivision Hillsburgh
MLS® Listing ID X9394595
Originating Board Toronto Regional Real Estate Board
Property Description
Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing a high volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boasting a cap rate of 6.4%. It is fully leased with Main Floor Is Leased with Pharmacy on renewal options and upstairs 2 updated residential units are with long term Tenants.This property is not just attractive from a financial standpoint; it has also received recent structural and mechanical upgrades, with more than $150,000 spent on renovations. The C-1 zoning allows for a variety of commercial uses, adding to its appeal for potential tenants.Conveniently located in close proximity to a range of amenities, including a grocery store, arena, and veterinary clinic, the property also offers ample parking for both tenants and customers, further enhancing its appeal.Overall, this commercial property represents an exceptional investment opportunity due to its prime location, consistent rental income, recent updates, and potential for additional revenue streams. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Listed by ROYAL LEPAGE FLOWER CITY REALTY
GET MORE INFORMATION