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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: RO*107 - Residen
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Age: No Data
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Taxes: 9956.43
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MLS®#: W9768844
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Days on Site: 6 Days
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Added: Oct 25, 2024 (3 weeks ago)
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Updated:
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Last Checked: 8 hours ago
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Listed By: REAL ONE REALTY INC.
This rare mixed-use townhome in Milton's Thompson Square offers a unique blend of commercial and residential space. Conveniently located near transit and shopping, it's within walking distance of the Milton GO Station and the new Wilfrid Laurier University Milton Campus. The ground floor features a 1,268 square foot commercial/retail space, currently leased to a wellness clinic, generating approximately $4,097 in monthly rental income. The upper two floors comprise a 2,993 square foot residential area with three en-suite bedrooms, four bathrooms, and high-quality finishes. The finished basement, permitted by the city, adds three more bedrooms and a kitchen.For privacy and structural integrity, the basement, commercial space, and living areas are separated by concrete, and there are two separate utility meters. The residential space boasts 9-foot ceilings, hardwood floors, a circular staircase with a dome skylight, a gourmet kitchen, a master bedroom with a walk-in closet and private terrace, and spacious living and dining areas with bay windows and a walkout terrace.Thompson Square is a prestigious development, and this unit is one of only four designated as a "Trump" unit, offering nearly 1,000 square feet more than the next largest unit. The upper residential unit can be rented out or occupied by the owner, providing flexibility and additional income potential. This property offers a fantastic investment opportunity, combining business ownership, luxurious living, and steady commercial income.
Extras
Fridge, Stove, Dishwasher, Washer & Dryer, All Window Blinds, All Electric Light. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Area: Milton
Community: Clarke
Availability Date: TBD
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Covered
Covered Parking Spaces: 2
Fees
Tax Year: 2024
Tax Legal Description: UNIT 23, LEVEL 1, HALTON STANDARD CONDOMINIUM PLAN NO. 597 AND I
Taxes: $9,956
Commercial Condo Fees: 1065
Taxes Type: Annual
Land
Cross Street: Derry Rd & Thompson
Municipality District: Milton
Parcel Number: 258990023
Lot Depth: 380 Feet
Lot Frontage: 420 Feet
Zoning: RO*107 - Residen
Commercial Specific
Retail Area: 1268
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 4261
Total Area Metric: Sq Ft
Office Size: 2993
Office Size Metric: Sq Ft
Area Influence: Public Transit
Lot Code: Lot
Somewhat Walkable
- Some errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Bikeable
- Some errands can be accomplished on bike.
Sam Sherratt Public School
Elementary: PublicGuardian Angels Catholic Elementary School
Elementary: CatholicSt. Anthony of Padua Catholic Elementary School
Elementary: CatholicIrma Coulson Elementary Public School
Elementary: PublicBruce Trail Public School
Elementary: PublicTiger Jeet Singh Public School
Elementary: PublicE C Drury/Trillium Demonstration School
Secondary: ProvincialErnest C Drury School for the Deaf
Secondary: ProvincialGary Allan High School - Milton
Secondary: PublicMilton District High School
Secondary: PublicBishop Paul Francis Reding Secondary School
Secondary: CatholicCraig Kielburger Secondary School
Secondary: Public