Added 3 weeks ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-6 To 12 Units
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Zoning: R3-3
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Age: 51-99 years
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Taxes: 10555.4
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MLS®#: N11943712
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Days on Site: 14 Days
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Added: Jan 28, 2025 (3 weeks ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: RE/MAX ALL-STARS REALTY INC.
Investor's Dream! This property features 5 spacious 1 Bedroom + 1 Bath units and 4 cozy 2 Bedroom + 1 Bath units, all boasting laminate flooring and individual storage units. Currently, all units are rented out. Tenants pay for their own hydro with separate meters for each unit, ensuring convenience and efficiency. The property offers 2 access points to a 10-space parking lot, making parking a breeze for residents. With a history of generating great long-term income, this investment is a solid choice. Situated close to all amenities and with easy access to commuter routes leading south to Newmarket and the GTA, as well as north to Cottage Country, this sought-after location in York Region, is perfect for savvy investors looking to capitalize on a developing area. Don't let this opportunity slip away! **EXTRAS** Unit's 6 & 9 were fully renovated in 2024. Coin operated onsite laundry, Each Unit Has its own Storage Locker in the basement
Extras
Unit's 6 & 9 were fully renovated in 2024. Coin operated onsite laundry, Each Unit Has its own Storage Locker in the basement
Property
Status: Sale
Type: Apts-6 To 12 Units
Property Type: Investment
Property Type: Apartment
Age: 51-99
Net Income: 133680
Area: Georgina
Community: Sutton & Jackson's Point
Availability Date: TBD
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Baseboard
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 8 BLK 6 PL 69 SUTTON; PT LT 9 BLK 6 PL 69 SUTTON, PT 1, 65
Taxes: $10,555
Expenses: Act
Insurance Fee: 5102
Operating Fees: 96633
Hydro Expense: 3079
Taxes Type: Annual
Taxes: 10555
Water Fees: 5953
Land
Cross Street: Hwy 48 / High St
Municipality District: Georgina
Parcel Number: 035210025
Sewer: Sanitary
Lot Depth: 159.06 Feet
Lot Frontage: 66 Feet
Zoning: R3-3
Commercial Specific
Total Area: 10497
Total Area Metric: Sq Ft
Office Size: 100
Office Size Metric: Sq Ft
Area Influence: Public Transit
Area Influence: Rec Centre
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Survey: Y
Financial Statement: N
Gross Income/Sales: 37047
LLBO: N
Somewhat Walkable
- Some errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Somewhat Bikeable
- Most errands require a car.
St Bernadette's Catholic Elementary School
Elementary: CatholicBlack River Public School
Elementary: PublicSutton Public School
Elementary: PublicMorning Glory Public School
Elementary: PublicW J Watson Public School
Elementary: PublicFairwood Public School
Elementary: PublicOur Lady of the Lake Catholic College High School
Secondary: CatholicSutton District High School
Secondary: PublicSacred Heart Catholic High School
Secondary: CatholicKeswick High School
Secondary: PublicNantyr Shores Secondary School
Secondary: PublicHuron Heights Secondary School
Secondary: Public-
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