Added 1 week ago
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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: C2-444
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Age: No Data
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Taxes: 3021.15
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MLS®#: X11887783
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Days on Site: 2 Days
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Added: Dec 10, 2024 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RE/MAX Summit Group Realty Brokerage
Situated in the heart of downtown Dundalk, this mixed-use building presents a unique investment opportunity that blends commercial vibrancy with residential ease. The property showcases an 1,100 sq ft commercial office space, nicely designed with a modern open-concept layout and complemented by a separate enclosed office for privacy. The space is illuminated by large windows allowing for an abundance of natural light, creating a welcoming and productive work environment. A functional kitchenette at the rear offers convenience, along with dual access from the front and a private back entrance. The full basement, accessible via the office area, serves as an ideal storage solution and includes a handy 2-piece bathroom, adding to the utility of the space. Above, the building features two residential units, which provide steady rental income. The front apartment includes two bedrooms and is accessible directly from the street, making it perfect for small families or professionals. The rear apartment features one bedroom, a personal deck, and dual access points from both the front street and the back of the building, offering a flexible living space. Additional perks include a detached two-car garage that not only provides optional parking and storage for the owner but also offers potential for further rental income. This property combines commercial utility with residential income potential, perfect for investors seeking a property with both commercial appeal and residential charm or a buyer looking to occupy one of the residential units while allowing rental income from the other spaces to supplement the mortgage payment.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Area: Southgate
Community: Dundalk
Availability Date: flexible
Assessment Amount: $113,000
Assessment Year: 2024
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Hot Water
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Double Detached
Fees
Tax Year: 2024
Tax Legal Description: PT LT 1 BLK E PL 480 DUNDALK AS IN R329645; SOUTHGATE
Taxes: $3,021
Expenses: Est
Insurance Fee: 3829
Hydro Expense: 1500
Heat Expenses: 662
Other Expenses: 510
Taxes Type: Annual
Tax Year: 7701
Water Fees: 1200
Land
Cross Street: From Hwy 10 at Dunda
Municipality District: Southgate
Parcel Number: 373150197
Lot Depth: 149.99 Feet
Lot Frontage: 20.44 Feet
Zoning: C2-444
Commercial Specific
Retail Area: 1100
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 2200
Total Area Metric: Sq Ft
Office Size: 1100
Office Size Metric: Sq Ft
Lot Code: Building
Gross Income/Sales: 40422
Highpoint Community Elementary School
Elementary: PublicDundalk & Proton Community School
Elementary: PublicOsprey Central School
Elementary: PublicHyland Heights Elementary School
Elementary: PublicGlenbrook Elementary School
Elementary: PublicMacphail Memorial Elementary School
Elementary: PublicDufferin Centre for Continuing Education
Secondary: PublicJean Vanier Catholic High School
Secondary: CatholicGrey Highlands Secondary School
Secondary: PublicCentre Dufferin District High School
Secondary: PublicWestside Secondary School
Secondary: PublicCollingwood Collegiate Institute
Secondary: Public