118 High St

Georgina, L0E1R0
For Sale
$699,900
118 High St, Georgina
118 High St
118 High St
118 High St
118 High St
118 High St
118 High St
118 High St
118 High St
118 High St
118 High St
118 High St
Store With Apt/Office
CATEGORY
2,810 Sq Ft
TOTAL AREA
N10429698
MLSID
Contact Us
Property 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.
Property Details
Category
Store With Apt/Office
Zoning
C1-1
Total Area
2,810 Sq Ft
Office/Apartment Area
760 Sq Ft
Retail Area
2,050 Sq Ft
Lot Size
52' x 115'
Taxes
$7,156 (2024)
Washrooms
4
Air Conditioning
Yes
Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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