146 Victoria ST W Active Save Request In-Person Tour Request Virtual Tour
New Tecumseth,ON L9R 1L7
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 13,648 sqft
Price per Sqft $219
Subdivision Alliston
MLS Listing ID N8408600
Annual Tax Amount $13,728
Tax Year 2024
Property Description
Looking for a profitable investment in one of Ontario's fastest-growing towns? This exceptional 14-unit rental property in booming Alliston is a golden opportunity for savvy investors or retirees seeking a secure, income-generating asset with constant cash flow. Why Invest in Alliston? $15 Billion Honda Expansion- More jobs, more demand for rentals!. $43 Million Hospital Expansion Increased growth in the healthcare sector. Low Vacancy, High Rental Demand, A strong rental market ensures steady income. Turnkey & Hassle-Free Investment- - No worries about Non-Paying Rents !. Operating as an Extended Stay Rental W/ 8 Bachelors and 6 One Bedroom. Low maintenance and easy to manage remotely. Solid, Well-Maintained Building and reliable, long-term investment with multiple possibilities. Endless Business & Development Potential_This versatile property is zoned for multiple uses, including: Additional Residential Units & Apartments, Bed & Breakfast, Hotels, Rooming Houses, Offices, Medical Buildings, Commercial Schools, Restaurants, Retail & Service Businesses, Live-Work Units & Townhouses (Big Possibilities!) With ample parking and a prime location, this property is a rare find! Whether you want to expand, Plan for Future Re-development, repurpose w/ different allowed uses, or continue as an income-generating rental, the opportunities are endless. Property has 2 entrances Block to block lot; Main entrance/Victoria St W/ At the back on Elizabeth St... ACT NOW!!! This wont last long! Contact us today to learn more about this lucrative investment.!! Note: "BUYER to Do his Own Diligence".
Location
State ON
County Simcoe
Community Alliston
Area Simcoe
Zoning DCT-Downtown Commercial Transition
Interior
Cooling Yes
Inclusions Laundry Machines- dryer&washer/Coin operated. Blinds, lighting fixtures, beds, all linen, all 14 TV's and remote control. 14 fridges, 14 Microwaves, all shower curtains. Heating w/ electric PTAC. Wall unit air conditioning in rooms. 1 ELEVATOR
Exterior
Community Features Major Highway,Recreation/Community Centre
Utilities Available Available
Lot Frontage 82.67
Lot Depth 165.16