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$1,200,000
Status: For Sale
Large Opportunity Awaits! Good Cash flow and being sold together with 455 Bond allowing for long term construction of a large apartment building. 463 bond street east is currently a 5 plex consisting of 2 commercial units, 2 res apts above, 1 basement apartment with potential to add another. Recent vacancy of units provides tremendous upside for cash flow. average expenses 28k, estimated income 97k (inquire for finance sheet) 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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E11923513 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Mar, 2025 (7 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Durham |
|---|---|
| Postal Code | :
L1G 1B9
|
| Price | : $1,200,000 |
|---|---|
| Property Taxes | :$9375.08 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Bond St E. & Cadillac Ave N |
| Fireplace/Stove | :No |
|---|
16 Jan, 2025
TREB #E11923513
Listed
$1,200,000
