118 High Street, Georgina | Image 1

118 High Street

Georgina, Sutton & Jackson's Point

  • Commercial

$699,900
For Sale

Added 1 day ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C1-1

  • Age: No Data

  • Taxes: 7156

  • MLS®#: N10429698

  • Days on Site: 1 Days

  • Added: Nov 17, 2024 (1 day ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: RE/MAX HALLMARK YORK GROUP REALTY LTD.

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.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Georgina

  • Community: Sutton & Jackson's Point

  • Availability Date: Flexible

Inside

  • Bathrooms: 4

  • Air Conditioning: Y

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

  • Amps: 200

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $7,156

  • Taxes Type: Annual

Land

  • Cross Street: Hwy 48 / High Street

  • Municipality District: Georgina

  • Sewer: San+Storm

  • Lot Depth: 115.06 Feet

  • Lot Frontage: 51.56 Feet

  • Zoning: C1-1

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Retail Area: 2050

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2810

  • Total Area Metric: Sq Ft

  • Office Size: 760

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Unit

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