Royal LePage Don Hamilton Real Estate Brokerage
100 Trafalgar Road Erin, Ontario N0B 1Z0
$999,900
Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing a high volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boasting a cap rate of 6.4%. It is fully leased with Main Floor Is Leased with Pharmacy on renewal options and upstairs 2 updated residential units are with long term Tenants.This property is not just attractive from a financial standpoint; it has also received recent structural and mechanical upgrades, with more than $150,000 spent on renovations. The C-1 zoning allows for a variety of commercial uses, adding to its appeal for potential tenants.Conveniently located in close proximity to a range of amenities, including a grocery store, arena, and veterinary clinic, the property also offers ample parking for both tenants and customers, further enhancing its appeal.Overall, this commercial property represents an exceptional investment opportunity due to its prime location, consistent rental income, recent updates, and potential for additional revenue streams. (id:51300)
Business
| BusinessType | Retail and Wholesale |
| BusinessSubType | Retail misc. |
Property Details
| MLS® Number | X9394595 |
| Property Type | Retail |
| Community Name | Hillsburgh |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3650 Sqft |
Land
| Acreage | No |
| SizeDepth | 115 Ft ,5 In |
| SizeFrontage | 45 Ft ,5 In |
| SizeIrregular | 45.46 X 115.47 Ft |
| SizeTotalText | 45.46 X 115.47 Ft |
| ZoningDescription | C1 |
https://www.realtor.ca/real-estate/27536811/100-trafalgar-road-erin-hillsburgh-hillsburgh
Parm Grewal
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 18 2024 12:09:44
Toronto Real Estate Board
Royal LePage Flower City Realty