2236 Line 34, Perth East | Image 1

2236 Line 34

Perth East

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: HC

  • Age: 0-5 years

  • Taxes: 4819.24

  • MLS®#: X9362972

  • Days on Site: 35 Days

  • Added: Aug 19, 2024 (2 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: THE REALTY FIRM INC.

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 0-5

  • Area: Perth East

  • Availability Date: FLEXIBLE

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 9

Fees

  • Tax Year: 2024

  • Taxes: $4,819

  • Taxes Type: Annual

Land

  • Cross Street: LINE 34 B/W JAMES ST

  • Municipality District: Perth East

  • Parcel Number: 530830091

  • Sewer: Sanitary

  • Lot Depth: 127.11 Feet

  • Lot Frontage: 103.35 Feet

  • Lot Irregularities: 84.99ft x 41.81ft x 4

  • Zoning: HC

Shipping Doors

  • Clearing Height (ft): 7

Commercial Specific

  • Rail: N

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 4559

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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