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RAJ SHARMA

 Sales Representative
Homelife/Miracle Realty Limited,Brokerage, Brokerage Independently owned and operated. 821 Bovaird Dr W, , Brampton, Ontario L7A1Z4 Cell: 905 598 8400Office: 905 598 8400Fax: 905 458 1220

$999,900
Available - For Sale
Listing ID: X9394595
Erin, Ontario


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.
Price $999,900
Taxes: $5775.80
Tax Type: Annual
Occupancy by: Tenant
Province/State: Ontario
Lot Size: 45.46 x 115.47 (Feet)
Directions/Cross Streets: Trafalgar Rd & Geroge St
Category: Multi-Use
Use: Retail Store Related
Building Percentage: Y
Total Area: 3650.00
Total Area Code:  Sq Ft
Retail Area: 2175
Retail Area Code: Sq Ft
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Well
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Income Required $ $ $ $

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RAJ SHARMA
Sales Representative
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905 598 8400
Bus:
905 598 8400
Fax:
905 458 1220
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Wellington
Municipality: Erin
Neighbourhood: Hillsburgh
Style:
Lot Size: 45.46 x 115.47(Feet)
Approximate Age:
Tax: $5,775.8
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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