118 HIGH STREET Georgina

118 HIGH STREET, Georgina

$898,800

  • 4
2,810 Square Feet

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. (id:58875)

  • Listing ID: N11884994
  • Property Type: Retail
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Details

  • Amenities Nearby: Highway, Public Transit
  • Transaction: For sale
  • Zoning Description: C1-1

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 4
  • Heating: Other
  • Heating Fuel: Natural gas
  • Size Interior: 2810 sqft
  • Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Public Transit
  • Size Depth: 115 ft
  • Size Frontage: 51 ft ,6 in
  • Size Irregular: Unit=51.56 x 115.06 FT

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This property for sale, located at 118 HIGH STREET in Georgina, was last modified on February 13th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Georgina.

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