This retail in Newmarket offers 8,854 sqft of living space on a 5,786 sqft lot. The property has lot dimensions of 58.08 x 99.08 FT, cross street Davis Rd/Main St S, zoned UC-D2. The home features forced air, natural gas heating, fully air conditioned.
An opportunity is knocking. Great location, fully newly renovated investment property in historical area in Newmarket. Contain of a Three 2 bedroom one washroom residential units 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, also all the units have their own AC, furnace and water heater owned by seller and all the residential units have their own separate laundry, 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.
All the appliances in residential units. All furnaces and air conditioners.
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Listed by REMAX YOUR COMMUNITY REALTY
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Listing represented by REMAX YOUR COMMUNITY REALTY · MLS# N12856412
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.