689 Yonge Street, Midland | Image 1

689 Yonge Street

Midland, Midland

  • Commercial

$14,000,000
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: I

  • Age: 31-50 years

  • Taxes: 101320

  • MLS®#: S7357888

  • Days on Site: 111 Days

  • Added: Dec 15, 2023 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: KELLER WILLIAMS CO-ELEVATION REALTY

A True Midland Legacy Property Is For Sale For The First Time. Join Us In Unveiling The Amazing Investment Opportunity That This Property Holds For You. Featuring A 75,000 Sq Ft Facility, 3 Residential Homes, Together W/ 1 Highway Commercial Building, This Property Sprawls Across Over 3 Acres, Backing On To Historic Little Lake Park. The Rarity Of This Location Speaks For Itself W/ The Property Falling Under The Strategic Growth Area 1 Designated For Growth & Part Of The Mixed Use Corridor Of The Town Of Midland's Official Plan - Expanding Your Development Dreams Are Practically Built Right Into Your Purchase. Features Like Easily Accessible Public Transit, Municipal Water & Sewer Infrastructure, And Vast Amounts Of Parking Make This Property All The More Desirable. Midland Is One Of Simcoe County's Most Vibrant Waterfront Communities & You Have A Chance To Step Into The Future With This Fantastic Development Parcel Amalgamation. It's Time To Build Your Legacy, Let's Get Started Today.

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 31-50

  • Area: Midland

  • Community: Midland

  • Availability Date: Flexible

  • Assessment Amount: $3,958,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 25

Fees

  • Tax Year: 2022

  • Tax Legal Description: PT LT 105 CON 1 TAY PT 1 & 2, 51R3163, PT 1, 51R3397; S/T RO5462

  • Taxes: $101,320

  • Taxes Type: Annual

Land

  • Cross Street: Hwy12,L On King,L On

  • Municipality District: Midland

  • Parcel Number: 584630238

  • Lot Frontage: 100 Feet

  • Zoning: I

Additional Media

  • Virtual Tour: https://youtu.be/GzwyBubyHPw

Commercial Specific

  • Shipping Doors Truck Level: 1

  • Retail Area: 75105

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 75105

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

See 3D Tour of 689 Yonge Street, Midland
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Map of 689 Yonge Street, Midland
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