$1,600,000
Available - For Sale
Listing ID: N11943712
91 High St , Georgina, L0E 1R0, Ontario
| Investor's Dream! Don't miss out on this incredible opportunity to add a Legal 8-Plex in Georgina to your portfolio. This property features 5 spacious 1 Bedroom + 1 Bath units and 4 cozy 2 Bedroom + 1 Bath units, all boasting laminate flooring and individual storage units. Currently, all units are rented out. Tenants pay for their own hydro with separate meters for each unit, ensuring convenience and efficiency. The property offers 2 access points to a 10-space parking lot, making parking a breeze for residents. With a history of generating great long-term income, this investment is a solid choice. Situated close to all amenities and with easy access to commuter routes leading south to Newmarket and the GTA, as well as north to Cottage Country, this sought-after location in York Region, is perfect for savvy investors looking to capitalize on a developing area. Don't let this opportunity slip away! |
| Extras: Unit's 6 & 9 were fully renovated in 2024. Coin operated onsite laundry, Each Unit Has its own Storage Locker in the basement |
| Price | $1,600,000 |
| Taxes: | $10555.40 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 91 High St , Georgina, L0E 1R0, Ontario |
| Postal Code: | L0E 1R0 |
| Province/State: | Ontario |
| Legal Description: | PT LT 8 BLK 6 PL 69 SUTTON; PT LT 9 BLK |
| Lot Size: | 66.00 x 159.06 (Feet) |
| Directions/Cross Streets: | Hwy 48 / High St |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 10497.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 100 |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Public Transit Rec Centre |
| Approximatly Age: | 51-99 |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| LLBO: | N |
| Taxes Expense: | $10555 |
| Insurance Expense: | $5102 |
| Hydro Expense: | $3079 |
| Water Expense: | $5953 |
| Gross Income/Sales: | $37047 |
| Operating Expenses: | $96633 |
| Net Income Before Debt: | $133680 |
| Expenses Actual/Estimated: | $Act |
| Outside Storage: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ALL-STARS REALTY INC. |
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|
Nick Sabouri
Sales Representative
Dir:
416-735-0345
Bus:
416-494-7653
Fax:
416-494-0016
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | York |
| Municipality: | Georgina |
| Neighbourhood: | Sutton & Jackson's Point |
| Lot Size: | 66.00 x 159.06(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $10,555.4 |
| Maintenance Fee: | $71,944.14 |
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