146 Victoria ST W new

New Tecumseth,ON L9R 1L7

$ 2997000

- Bed

- Bath

13648 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 13,648 sqft

Price per Sqft $219

Subdivision Alliston

MLS Listing ID N12105640

Annual Tax Amount $13,575

Tax Year 2025

Property Sub-Type Investment

Property Description

Turnkey Income Property 14 Units with Expansion Potential. A rare opportunity to own a steady, high-yield income property. This well-maintained building features 14 fully renovated units, each equipped with a kitchenette including stove, oven, range hood, and fridge. The property operates primarily as short-term rentals with the flexibility for longer stays, ensuring consistent cash flow.The lower level offers the potential to add 3 to 4 more units, boosting future revenue. Zoned Downtown Commercial, this site also holds strong redevelopment or repurposing potential. Dual access from front street : Victoria Street W., and Elizabeth Street at rear, that adds convenience and value. With excellent upkeep, a central location, and long-term growth prospects, this property is an income generator for today and the next generation.

Location

State ON

County Simcoe

Community Alliston

Area Simcoe

Zoning DCT-Downtown Core Transition

Interior

Cooling Yes

Inclusions PTAC -Heat/Air Conditioning, 14 Beds, Linen, Each Room Fridge, Stove, Range Hood, Lighting Fixtures, Coin Operating Washer and Dryer. furnace for basement rooms is owned

Exterior

Community Features Greenbelt/Conservation,Recreation/Community Centre

Utilities Available Available

Lot Frontage 82.5

Lot Depth 165.16

Others

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