Investment Commercial Building for Sale

MLS# H4183006 Price: $10,999,000




Property Description

39 RESIDENTIAL UNITS, PLUS 4 COMMERCIAL UNITS IN SOUGHT AFTER, DUNDAS! This property is situated at the corner of York Road and Watsons Lane, overlooking Lake Jojo, and offers over 35,000 square feet of residential and commercial space. The ground floor has been newly renovated into 17 studio apartments, a commercial kitchen, plus 3 commercial units. The second floor offers 22 apartment units (20- 2 bedroom, 2-1 bedroom), leased below market rents and with lots of upside for the next owner. Attractive financing available through CMHC, as this property offers over 70% residential use. Two parking lots and over 50 parking stalls. Proforma available upon request.

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Property Details: 211 York Road (near Watsons Lane )
Listing# 74445


Location

Address 211 York Road
City Dundas
Cross Streets Watsons Lane
District Dundas (41)
Neighbourhood Coote's Paradise (411)
Listing Agent Olivia Rapson

Description

Sub Type Investment Price $ 10,999,000
Lease Rate Per For Sale Location Dundas
Heating Gas Forced Air Closed
Heat Pump
Square Footage 34506

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.