118 High St , Jacksons Point, ON L0E
Jacksons Point, ON L0E
Description
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.
Details
| Mls | N10429698 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | New |
| Days On Site | 15 |
| Listing Provided By | RE/MAX HALLMARK YORK GROUP REALTY LTD. | Not Provided |
Features
| Baths | 4 |
|---|---|
| Sq Feet | 2,810 |
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Learn More About This Property
| State | ON |
|---|---|
| County | York |
| City | Jacksons Point |
| Zip Code | L0E |
| Area | Sutton & Jackson's Point |
| Listing VS Median (in L0E) | |
Price: $699,900 low | high Med: $699,900 SqFt: 2,810 low | high Med: 2,810 $ / SqFt: $249 low | high Med: $249 On Site: 15 low | high Med: 15.000000 | |