An opportunity like this doesn't come often! Ideal for a owner operator or a savvy investor. Main Floor commercial area currently operating as a salon/spa. Can be leased for $3500 monthly +TMI at current market rent. Second floor currently is a 3 bedroom, 2 bathroom residential unit with living room, kitchen and balcony. This unit can be easily converted into 2 separate units with separate entrances and rent for $1600 and $1300/month each. Just over 1/2 acre with ample parking that can be leased out for extra income. See DOC tab for pro-forma, survey and expenses; 9.7 CAP excluding mortgage. This one wont last long! (id:53015)
MLS® Number | 40463060 |
Property Type | Multi-family |
Amenities Near By | Schools |
Communication Type | High Speed Internet |
Community Features | High Traffic Area |
Features | Crushed Stone Driveway |
Structure | Shed |
Bathroom Total | 4 |
Bedrooms Total | 4 |
Appliances | Window Coverings |
Basement Type | None |
Construction Style Attachment | Attached |
Cooling Type | Wall Unit |
Exterior Finish | Brick |
Fire Protection | Unknown |
Foundation Type | Block |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 3626 |
Type | Triplex |
Utility Water | Municipal Water |
Visitor Parking |
Acreage | No |
Land Amenities | Schools |
Sewer | Municipal Sewage System |
Size Frontage | 29 Ft |
Size Total Text | 1/2 - 1.99 Acres |
Zoning Description | C1 |
Cable | Available |
Electricity | Available |
Natural Gas | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/25902636/206-main-street-parkhill
Contact us for more information
Michael Jones
Salesperson
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