12 GARDEN Street, Leeds and the Thousand Islands | Image 1

12 GARDEN Street

Leeds and the Thousand Islands, Lansdowne Village

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R2

  • Age: No Data

  • Taxes: 7111.83

  • MLS®#: X9411934

  • Days on Site: 73 Days

  • Added: Sep 04, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: eXp Realty

This beautifully restored property blends historic charm with modern amenities. The 10-plex includes seven 2-bdrm & three 1-bdrm units, with 8 units recently upgraded. On 1.8 acres, it offers significant development potential, incl. studies for additional 8-unit & 12-unit buildings, w/ site plan app pending. Sale incl. Site Plan Application In Process, Servicing & Storm-water Mgmt Report, Grading & Storm-water Mgmt Plan, Servicing Plan, Updated Transportation Impact Analysis, Noise Study(railway noise) (TBD), Conceptual Plans, Survey, & Severance Apps. Two front lots, set to be zoned R2, have severance apps in progress, offering more opportunities. In the picturesque Thousand Islands region, this property is ideally positioned to benefit from provincial incentives like Ontario's Bill 23, promoting rapid development. Perfect for investors & developers, this unique offering combines historic charm with growth potential in a prime location in the highly desirable Thousand Islands region!

Property

  • Status: Sale

  • Property Type: Investment

  • Net Income: 179207

  • Area: Leeds and the Thousand Islands

  • Community: Lansdowne Village

  • Availability Date: Flexible

  • Assessment Amount: $724,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: None

Building

  • Basement: N

  • Heat Type: Baseboard

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2023

  • Tax Legal Description: Lot 624, Plan 194;Part Block P, Plan 194 as in LR321625; T/W LR3

  • Taxes: $7,112

  • Expenses: Act

  • Insurance Fee: 6500

  • Operating Fees: 42400

  • Hydro Expense: 6216

  • Other Expenses: 2080

Land

  • Cross Street: 401 to Exit 659 and

  • Municipality District: Leeds and the Thousand Isla

  • Parcel Number: 442210131

  • Sewer: Sewers

  • Lot Depth: 391.17 Acres

  • Lot Frontage: 194.98 Acres

  • Zoning: R2

Commercial Specific

  • Total Area: 7000

  • Total Area Metric: Sq Ft

Map of 12 GARDEN Street, Leeds and the Thousand Islands
JK-6

Sweet's Corners Public School

Elementary: Public
17.36 km
JK-6

Front of Yonge Elementary School

Elementary: Public
14.10 km
7-8

Gananoque Intermediate School

Elementary: Public
13.50 km
JK-6

Linklater Public School

Elementary: Public
14.03 km
JK-6

Thousand Islands Elementary School

Elementary: Public
0.24 km
JK-8

St Joseph's Separate School

Elementary: Catholic
13.72 km
9-12

École secondaire catholique Académie catholique Ange-Gabriel

Secondary: Catholic
33.31 km
9-12

Athens District High School

Secondary: Public
25.26 km
9-12

Rideau District High School

Secondary: Public
27.85 km
9-12

Gananoque Secondary School

Secondary: Public
13.52 km
9-12

St Mary's High School

Secondary: Catholic
33.73 km
9-12

Thousand Islands Secondary School

Secondary: Public
33.40 km
1 KING Street West, Leeds and the Thousand Islands | MLS: X9410349
For Sale
6 months ago
$2,999,000
  • 0 bath
  • 0 bed

1 KING Street West, Leeds and the Thousand Islands, Ontario • K0E 1L0 • Lansdowne Village

1 KING STREET, Leeds and the Thousand Islands | MLS: X9410374
For Sale
6 months ago
$2,999,000
  • 0 bath
  • 0 bed

1 KING STREET, Leeds and the Thousand Islands, Ontario • K0E 1L0 • Lansdowne Village