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$ 2,997,000
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146 Victoria ST W New Tecumseth, ON L9R 1L7
13,648 SqFt
UPDATED:
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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Listed by MSIERRA REALTY GROUP INC.