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$349,000
Status: For Sale
Professional Offices Investment Opportunity! Superb, renovated Commercial Condo with Large Main Street Display Windows, 4 Offices, a Reception Area, Two 2-pce Baths R/in, Storage. Located well in a busy Downtown heritage streetscape in the business, boutique & tourist district steps to the Beach/Marina. Select your next investment in this in-demand district just Steps to Marina, Harbour, Lakefront, Esplanade & Beach. VIA Station is 1blk north & 1hr to Toronto for commuters. Unit shares entry vestibule common area w/ adjacent unit w/ Tenant in place. Set amongst Key Anchor Tenants, Banks, Financial & Professional Services, Victoria Hall, Art Gallery, Concert Hall, Restaurants, Cafes in the Business, Shopping, Entertainment & Tourist District. Tenant pays Condo Fee $493.69/m, Property Tax, Heat/Utilities. (Condo fee covers Water, Bldg Insurance, Common Elements, Reserve fund, Property Mgmt.) Gross Income $18,288.00 Cap Rate 4.6% Solid Tenant Business Offices Lease just renewed 10/31/24
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8435474 |
| Listing Type | :Sale |
| Property Age | :16-30 years |
| Possession Date | : |
| Last Updated | :22 Jun, 2024 (137 Days ago) |
| Source | :TRREB |
| Area | :Northumberland |
|---|---|
| Postal Code | :
K9A 2M4
|
| Price | : $349,000 |
|---|---|
| Property Taxes | :$4546.18 |
| Tax Year | :2023 |
|---|
| Cross Street | :Third St/King St W |
|---|
| Fireplace/Stove | :No |
|---|
13 Jun, 2024
TREB #X8435474
Available
$349000.0
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| Unit | Area | Price | |
|---|---|---|---|
| Unit - 501 | 900-999 Sq. Ft. | $449000.0 |
View Details
|
| Unit - 301 | 500-599 Sq. Ft. | $388000.0 |
View Details
|
