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$1,700,000
Status: For Sale
Large Opportunity Awaits! Good Cash flow and being sold together with 463 bond allowing for long term construction of a large apartment building. 455 bond street east is a previously assembled property consisting of a large hall as well as a detached house currently in a robust PSC zoning type. Currently occupied hall and vacant home.. existing rent for hall and an occupied house estimates 114k+ annual income against 25k average expenses (inquire for finance sheet) 88k NOI PSC-A zoning allowing for a wide range of uses retail to residential. PSC zoning allows for large apartment building with no inherit story cap, generous set backs allowing for large redevelopment of the site. Potential to purchase rear hydro easement allowing second street access to the site. **EXTRAS** All appliances, chattels not belonging to tenants are included in sale. Sale would be subject to HST and in addition to price if applicable.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E11923515 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Mar, 2025 (30 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Durham |
|---|---|
| Postal Code | :
L1G 1B9
|
| Price | : $1,700,000 |
|---|---|
| Property Taxes | :$18591.3 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Bond St E and Cadillac Ave N |
| Fireplace/Stove | :No |
|---|
13 Feb, 2025
TREB #E11923515
Listed
$1,700,000
