40
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$2,999,950
Est. payment /mo
13,648 SqFt
Price Dropped by $64K
146 Victoria ST W New Tecumseth, ON L9R 1L7
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UPDATED:
02/09/2025 12:03 AM
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". **EXTRAS** Elevator is working perfectly, serving all the 3 levels and it is maintained properly.
Location
Province ON
County Simcoe
Community Alliston
Area Simcoe
Interior
Cooling Yes
Exterior
Garage Spaces 18.0
Community Features Major Highway, Recreation/Community Centre
Utilities Available Available
Lot Frontage 82.67
Lot Depth 165.16
Others
Virtual Tour https://show.tours/146victoriastw
Listed by MSIERRA REALTY GROUP INC.