2,500 ft2
Fully Air Conditioned
Forced Air
Acreage
$1,200,000
Investment opportunity in the heart of the charming village of Hillsburgh, perfectly positioned to capitalize on the massive residential expansion currently transforming the community. This versatile property features approximately 1,900 sq ft of prime commercial space on the main level, currently occupied by a reliable tenant with a lease in place until February 2027, providing immediate and stable cash flow. Complementing the commercial component is a well-maintained 600 sq ft accessory apartment featuring 1 bedroom and 1 bathroom, also currently leased to provide secondary income. As major new home developments like Hillsburgh Heights and the Ballantry Homes master-planned community bring hundreds of new families and high-density residential units to the immediate area, the demand for local services and retail is poised for unprecedented growth. This surge in local population guarantees increased foot traffic and commercial vitality, making this an ideal holding for the savvy investor or an entrepreneur looking to secure a foothold in an emerging market. Situated just steps from the historic Main Street and the popular Elora-Cataract Trailway, this property offers the perfect blend of small-town character and future-proof economic potential. Don't miss your chance to own a piece of Hillsburgh's exciting future during this pivotal growth phase. (id:50976)
Property Details
|
MLS® Number
|
X12732006 |
|
Property Type
|
Retail |
|
Community Name
|
Rural Erin |
Building
|
Appliances
|
Dryer, Washer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,500 Ft2 |
Land
|
Acreage
|
Yes |
|
Sewer
|
Septic System |
|
Size Depth
|
165 Ft |
|
Size Frontage
|
132 Ft |
|
Size Irregular
|
2500 |
|
Size Total
|
2500 Ac |
|
Size Total Text
|
2500 Ac |
|
Zoning Description
|
R |
https://www.realtor.ca/real-estate/29322559/19a-trafalgar-road-erin-rural-erin
