$1,550,000
20-24 Main ST N Halton Hills, ON L7G 3G8
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$1,550,000
Est. payment /mo
7 BD
4 BA
New
20-24 Main ST N Halton Hills, ON L7G 3G8
UPDATED:
11/07/2024 06:48 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID W10410272
Style 2-Storey
Bedrooms 7
Annual Tax Amount $5,552
Tax Year 2024
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.
Location
Province ON
County Halton
Area Georgetown
Rooms
Family Room No
Basement Separate Entrance, Unfinished
Kitchen 4
Interior
Interior Features Accessory Apartment
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 8.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 10
Building
Foundation Stone
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
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