
List Price: $848,800
118 High Street, Georgina, L0E 1R0
- By RE/MAX HALLMARK YORK GROUP REALTY LTD.
Store W Apt/Office|MLS - #N12108372|New
Bed
4 Bath
2810 Sqft.
None Garage
Client Remarks
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.
Property Description
118 High Street, Georgina, L0E 1R0
Property type
Store W Apt/Office
Lot size
N/A acres
Style
Approx. Area
2810 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
2810
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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Shally Shi
Sales Representative, Dolphin Realty Inc
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$0 Principal and Interest
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