118 High Street, Georgina (Sutton & Jackson's Point), Ontario L0E1R0 is For Sale and has a listing price of 898,800. The property is located in the Georgina neighbourhood. It's been on the website for 19 Days.
Prime Mixed-Use Investment Opportunity Fully Tenanted 5-Unit Building With 3 Street-Facing Commercial Units And 2 River-Facing Residential Apartments. Generating $6,000/Month Gross Income With Potential Market Rent Of $8,500/Month. Recent $200,000 In 2024 Upgrades, Including New Heating And Cooling Systems, Ductwork, Plumbing, Electrical, And Siding, Soffit, Fascia, And Eaves, Windows, Doors, Complete Reno Of Apartments & Much More! All Hydro Separately Metered And Paid By Tenants. Long-Term Leases In Place (3- And 5-Year Terms). Operating Expenses Include Property Taxes: $7,156 (2024), Gas: $250/Month, Water: $100/Month, And Insurance: $300/Month. This Is The Best Deal In The Area For A Fully Renovated, Income-Generating Property With Long-Term Tenants And Significant Upside Potential. (id:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
12/06/2024 | N11884994 | $898,800 | For Sale | - | - |