Maria Tompson Sales Representative pic sales@bestforagents.com Your Company Name, Brokerage Independently owned and operated. pic 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 | Cell: 416-548-7854

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$2,997,000
Available - For Sale
Listing ID: N12105640
Turnkey Income Property 14 Units with Expansion Potential. A rare opportunity to own a steady, high-yield income property. This well-maintained building features 14 fully renovated units, each equipped with a kitchenette including stove, oven, range hood, and fridge. The property operates primarily as short-term rentals with the flexibility for longer stays, ensuring consistent cash flow.The lower level offers the potential to add 3 to 4 more units, boosting future revenue. Zoned Downtown Commercial, this site also holds strong redevelopment or repurposing potential. Dual access from front street : Victoria Street W., and Elizabeth Street at rear, that adds convenience and value. With excellent upkeep, a central location, and long-term growth prospects, this property is an income generator for today and the next generation.
Price $2,997,000
Taxes: $13,575
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 146 Victoria Stre West , New Tecumseth, L9R 1L7, Simcoe
Postal Code: L9R 1L7
Province/State: Simcoe
Legal Description: LT K N/S VICTORIA ST PL 253 ESSA TWS: NE
Directions/Cross Streets: King St. N./Victoria St.W.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 13,648.63
Total Area Code:  Square Feet
Office/Appartment Area: 8500
Office/Appartment Area Code: Sq Ft
Area Influences: Greenbelt/Conse   Recreation/Comm
Financial Statement: T
Chattels: T
Franchise: F
Maintenance: 0
Outside Storage: F
Heat Type: Other
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MSIERRA REALTY GROUP INC.

146 Victoria Stre West , New Tecumseth, L9R 1L7, Simcoe

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Alliston
Style:
Lot Size: x 165.16(Feet)
Approximate Age:
Tax: $13,575
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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