20-24 Main ST N new

Halton Hills,ON L7G 3G8

$ 1550000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID W10410274

Annual Tax Amount $5,552

Tax Year 2024

Property Description

Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.

Location

Province ON

County Halton

Area Georgetown

Interior

Cooling Partial

Exterior

Garage Spaces 10.0

Utilities Available Yes

Parking Type Double Detached

Others

Security Features No

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