12 CONCESSION Street North, Stone Mills | Image 1

12 CONCESSION Street North

Stone Mills, Stone Mills

  • Commercial

$489,000
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C1

  • Age: No Data

  • Taxes: 1628.76

  • MLS®#: X9410453

  • Days on Site: 150 Days

  • Added: May 21, 2024 (5 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Sutton Group-Masters Realty Inc Brokerage

I came to get away from Toronto for a week, desperately needing peace and solitude to work on a travel memoir book. Feeling the nagging distractions of everyday chores, work and noisy urban life, I craved a quiet town to just focus on writing. The setting is perfect: pure air and rugged vistas where the northern boundaries of the Carolinian forest meet the Canadian Shield, plus the amenities you need and none of the nonsense. It was precisely what I needed and became my cottage in a village. I left the busy world for a week and immersed myself in solitude, long walks, and generally just allowed my ideas to brew and percolate. Disclosure; I, Realtor, did not write these words. They are excerpts of reviews written by artists, designers, sculptors, and makers who found joy and creative respite at the Bon Eco Suites. That is the offering for sale: A tasteful, considerate building designed by designers for creative people to stay, live, and work. Three stunning apartments and a main street commercial space. Yes, go ahead call this a 4 unit multiplex, with 10+ % Cap rate potential, a well maintained turn key investment, big market upside and zero tenant issues. Go ahead because this asset checks those boxes. But more so it is a treasure of a building, in a gem of a place that is a jewel of an investment. Come and see for yourself what it could be like to live, work, and invest here. Showings available in person, or virtually.

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Stone Mills

  • Community: Stone Mills

  • Availability Date: IMMED

  • Assessment Amount: $78,000

  • Assessment Year: 2016

Inside

  • Bathrooms: 4

  • Air Conditioning: None

  • Washrooms: 4

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Water Supply: Well

Parking

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1-2 BLK P PL 86 PT 11 TO 13 29R1146 EXCEPT PT 1 & 3 29R184

  • Taxes: $1,629

Land

  • Cross Street: Concession Street No

  • Municipality District: Stone Mills

  • Parcel Number: 450520209

  • Sewer: Other

  • Lot Depth: 132 Feet

  • Lot Frontage: 26 Feet

  • Zoning: C1

Additional Media

  • Virtual Tour: https://vimeo.com/948020215

Commercial Specific

  • Total Area: 2312

  • Total Area Metric: Sq Ft

  • Area Influence: Park

  • Area Influence: Rec Centre

See 3D Tour of 12 CONCESSION Street North, Stone Mills
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