$1,550,000
Available - For Sale
Listing ID: W10410274
20-24 Main St North , Halton Hills, L7G 3G8, Ontario
| Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property. |
| Extras: Two furnaces, 1 unit is heated with electric baseboards. |
| Price | $1,550,000 |
| Taxes: | $5552.02 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 20-24 Main St North , Halton Hills, L7G 3G8, Ontario |
| Postal Code: | L7G 3G8 |
| Province/State: | Ontario |
| Lot Size: | 142.00 x 132.00 (Feet) |
| Directions/Cross Streets: | Main/Guelph Street |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 0.43 |
| Total Area Code: | Acres |
| Approximatly Age: | 100+ |
| Franchise: | N |
| Sprinklers: | N |
| Rail: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Part |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE MEADOWTOWNE REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Halton |
| Municipality: | Halton Hills |
| Neighbourhood: | Georgetown |
| Lot Size: | 142.00 x 132.00(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,552.02 |
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