146 Victoria Street, New Tecumseth, ON L9R 1L7

New Tecumseth L9R 1L7 Ontario

MLS: N12105640

$2,997,000

Added 21 hours ago | For Sale

Listed by: MSIERRA REALTY GROUP INC.

About Property

Turnkey Income Property 14 Units with Expansion Potential. A rare opportunity to own a steady, high-yield income property. This well-maintained building features 14 fully renovated units, each equipped with a kitchenette including stove, oven, range hood, and fridge. The property operates primarily as short-term rentals with the flexibility for longer stays, ensuring consistent cash flow.The lower level offers the potential to add 3 to 4 more units, boosting future revenue. Zoned Downtown Commercial, this site also holds strong redevelopment or repurposing potential. Dual access from front street : Victoria Street W., and Elizabeth Street at rear, that adds convenience and value. With excellent upkeep, a central location, and long-term growth prospects, this property is an income generator for today and the next generation.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 82.5 X 165.16
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:King St. N./Victoria St.W.
  • Basement: ,
  • Possession Date:T.B.A
  • Annual Property taxes: $13575
  • Bedrooms:
  • Total Parking Spaces:24
  • Parking Places:24
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12105640

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