$2,200,000
9071 Derry RD #23 Milton, ON L9T 7Y9
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$2,200,000
Est. payment /mo
4,261 SqFt
New
9071 Derry RD #23 Milton, ON L9T 7Y9
UPDATED:
10/31/2024 04:40 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,261 sqft
Price per Sqft $516
MLS Listing ID W9768844
Condo Fees $1,065
Annual Tax Amount $9,956
Tax Year 2024
Property Description
This rare mixed-use townhome in Milton's Thompson Square offers a unique blend of commercial and residential space. Conveniently located near transit and shopping, it's within walking distance of the Milton GO Station and the new Wilfrid Laurier University Milton Campus. The ground floor features a 1,268 square foot commercial/retail space, currently leased to a wellness clinic, generating approximately $4,097 in monthly rental income. The upper two floors comprise a 2,993 square foot residential area with three en-suite bedrooms, four bathrooms, and high-quality finishes. The finished basement, permitted by the city, adds three more bedrooms and a kitchen.For privacy and structural integrity, the basement, commercial space, and living areas are separated by concrete, and there are two separate utility meters. The residential space boasts 9-foot ceilings, hardwood floors, a circular staircase with a dome skylight, a gourmet kitchen, a master bedroom with a walk-in closet and private terrace, and spacious living and dining areas with bay windows and a walkout terrace.Thompson Square is a prestigious development, and this unit is one of only four designated as a "Trump" unit, offering nearly 1,000 square feet more than the next largest unit. The upper residential unit can be rented out or occupied by the owner, providing flexibility and additional income potential. This property offers a fantastic investment opportunity, combining business ownership, luxurious living, and steady commercial income.
Location
Province ON
County Halton
Community Public Transit
Area Clarke
Interior
Cooling Yes
Exterior
Garage Spaces 2.0
Community Features Public Transit
Utilities Available Yes
Parking Type Covered
Others
Security Features No
Listed by REAL ONE REALTY INC.
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