Added 4 months 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: 9972.36
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MLS®#: N9049012
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Days on Site: 76 Days
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Added: Jul 22, 2024 (4 months 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! Don't miss out on this incredible opportunity to add a Legal 9-Plex in Georgina to your portfolio. 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, 8 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
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: 129096
Area: Georgina
Community: Sutton & Jackson's Point
Availability Date: TBD
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Baseboard
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2023
Tax Legal Description: PT LT 8 BLK 6 PL 69 SUTTON; PT LT 9 BLK 6 PL 69 SUTTON, PT 1, 65
Taxes: $9,972
Expenses: Act
Insurance Fee: 4654
Operating Fees: 37244
Hydro Expense: 2782
Taxes Type: Annual
Water Fees: 6798
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
Lot Code: Lot
Gross Income/Sales: 91852
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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15-112 Grew Boulevard, Georgina, Ontario • L0E 1L0 • Sutton & Jackson's Point
- 0 bath
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14-112 Grew Boulevard, Georgina, Ontario • L0E 1L0 • Sutton & Jackson's Point
- 0 bath
- 0 bed
14-112 Grew Boulevard, Georgina, Ontario • L0E 1L0 • Sutton & Jackson's Point
- 0 bath
- 0 bed
15-112 Grew Boulevard, Georgina, Ontario • L0E 1L0 • Sutton & Jackson's Point
