31
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$4,599,999
Est. payment /mo
14,625 SqFt
New
70 VICTORIA STREET E New Tecumseth (alliston), ON L9R1L2
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,625 sqft
Price per Sqft $314
Subdivision Alliston
MLS® Listing ID N12019048
Originating Board Toronto Regional Real Estate Board
Property Description
70 Victoria St East Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Levels Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, Full Roof Replacement, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as This Building Has a Fantastic Reputation Within the Community, PLUS its Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Numbers on this Investment Property will Impress. Please Inquire Further for Lease, Income and Expense Numbers (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 20
Private Pool No
Others
Virtual Tour https://player.vimeo.com/video/1065044436
Listed by CENTURY 21 WENDA ALLEN REALTY