Partially Air Conditioned
Baseboard Heaters, Forced Air
$3,299,000
Exceptional investment opportunity in the growing town of Alliston, Ontario! This fully tenanted mixed-use apartment building (10 Residential Apartments: 4 - 3 bedrooms, 6 - 2 bedrooms and 4 main floor commercial units) offers stable cash flow with a strong 7.5% cap rate, making it an ideal addition to any real estate portfolio. Featuring thriving commercial space on the main floor and well-maintained residential apartments above, this property delivers diversified income from long-term tenants. fully leased. Located in a high-visibility area close to shops, restaurants, and amenities, the building benefits from Alliston's continued growth and strong rental demand. A turnkey investment with reliable returns and future upside potential in one of Simcoe County's most desirable communities. (id:50976)
Business
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Business Type
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Residential |
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Business Sub Type
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Apartments |
Property Details
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MLS® Number
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N13152758 |
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Property Type
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Multi-family |
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Community Name
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Alliston |
Building
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Cooling Type
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Partially Air Conditioned |
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Heating Fuel
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Natural Gas |
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Heating Type
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Baseboard Heaters, Forced Air |
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Type
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Multi-family |
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Utility Water
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Municipal Water |
Land
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Acreage
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No |
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Size Depth
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132 Ft |
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Size Frontage
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99 Ft |
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Size Irregular
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99 X 132 Ft |
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Size Total Text
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99 X 132 Ft |
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Zoning Description
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Commercial/residential |
https://www.realtor.ca/real-estate/29780978/19-church-street-n-new-tecumseth-alliston-alliston