$999,900
Available - For Sale
Listing ID: X9394595
100 Trafalgar Rd , Erin, N0B 1Z0, Ontario
| 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. |
| Price | $999,900 |
| Taxes: | $5775.80 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 100 Trafalgar Rd , Erin, N0B 1Z0, Ontario |
| Postal Code: | N0B 1Z0 |
| Province/State: | Ontario |
| Lot Size: | 45.46 x 115.47 (Feet) |
| Directions/Cross Streets: | Trafalgar Rd & Geroge St |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | Y |
| Total Area: | 3650.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2175 |
| Retail Area Code: | Sq Ft |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Well |
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| ROYAL LEPAGE FLOWER CITY REALTY |
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NASSER NADA
Broker
Dir:
416-859-5645
Bus:
905-507-4776
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Wellington |
| Municipality: | Erin |
| Neighbourhood: | Hillsburgh |
| Lot Size: | 45.46 x 115.47(Feet) |
| Tax: | $5,775.8 |
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