20-24 Main St N
Halton Hills, L7G3G8
For Sale
$1,550,000
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Apartment
CATEGORY0.43 Acres
TOTAL AREAW10410274
MLSIDContact Us
Property Description
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.
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Extras
Two furnaces, 1 unit is heated with electric baseboards.
Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
Ldr1-2(Mn)
Total Area
0.43 Acres
Lot Size
142' x 132'
Taxes
$5,552 (2024)
Parking Spaces
10
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Listing contracted with Royal Lepage Meadowtowne Realty
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