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146 Victoria Street W New Tecumseth, Ontario L9R 1L7

13648.63 sqft
Fully Air Conditioned Other

$2,999,950

Looking for a profitable investment in one of Ontario's fastest-growing towns? This exceptional 14-unit rental property in booming Alliston is a golden opportunity for savvy investors or retirees seeking a secure, income-generating asset with constant cash flow. Why Invest in Alliston? $15 Billion Honda Expansion- More jobs, more demand for rentals!. $43 Million Hospital Expansion Increased growth in the healthcare sector. Low Vacancy, High Rental Demand, A strong rental market ensures steady income. Turnkey & Hassle-Free Investment- - No worries about Non-Paying Rents !. Operating as an Extended Stay Rental W/ 8 Bachelors and 6 One Bedroom. Low maintenance and easy to manage remotely. Solid, Well-Maintained Building and reliable, long-term investment with multiple possibilities. Endless Business & Development Potential_This versatile property is zoned for multiple uses, including: Additional Residential Units & Apartments, Bed & Breakfast, Hotels, Rooming Houses, Offices, Medical Buildings, Commercial Schools, Restaurants, Retail & Service Businesses, Live-Work Units & Townhouses (Big Possibilities!) With ample parking and a prime location, this property is a rare find! Whether you want to expand, Plan for Future Re-development, repurpose w/ different allowed uses, or continue as an income-generating rental, the opportunities are endless. Property has 2 entrances Block to block lot; Main entrance/Victoria St W/ At the back on Elizabeth St... ACT NOW!!! This wont last long! Contact us today to learn more about this lucrative investment.!! Note: ""BUYER to Do his Own Diligence"". **EXTRAS** Elevator is working perfectly, serving all the 3 levels and it is maintained properly. (id:39551)

Business

BusinessType Residential
BusinessSubType Apartments
Name Alliston INN

Property Details

MLS® Number N8408600
Property Type Multi-family
Community Name Alliston
AmenitiesNearBy Highway, Recreation
Features Elevator
ParkingSpaceTotal 18

Building

Appliances Blinds, Dryer, Microwave, Refrigerator
CoolingType Fully Air Conditioned
HeatingType Other
SizeInterior 13648.63 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Recreation
Sewer Sanitary Sewer
SizeDepth 165 Ft ,1 In
SizeFrontage 82 Ft ,8 In
SizeIrregular 82.67 X 165.16 Ft ; 82.67ft X 165.16ft X 82.67ft X 165.09ft
SizeTotalText 82.67 X 165.16 Ft ; 82.67ft X 165.16ft X 82.67ft X 165.09ft
ZoningDescription Dct-downtown Commercial Transition

https://www.realtor.ca/real-estate/26998794/146-victoria-street-w-new-tecumseth-alliston-alliston

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