$3,500,000

Investment For Sale In Georgetown, Ontario

$3,500,000

Property Information:

MULTI-RESIDENTIAL INVESTMENT OPPORTUNITY Majestic Post Office with 12 residential apartment building, featuring high ceilings, elegant baseboards and large windows. These carpet-free apartments offer a warm and inviting atmosphere for tenants. Radiant heating is included in rents. Hydro is separately metered and the responsibility of each tenant. On-site coin laundry is available for added Tenant convenience and additional income. Tenants enjoy the benefits of a secure and friendly building with automatic exterior locking doors. This residential building is prominently nestled between Guelph St (Highway #7) and Main St S in growing downtown Georgetown. Taxes Reflect BIA Membership. 70 Mill St is listed Heritage. Survey available. This prime downtown location is within walking distance to the library, boutique shops, restaurants, and the seasonal Georgetown Farmers Market (May to October). Tenant parking on site and additional public parking is nearby and GO Bus services connect to GO trains for easy commuting. (id:7525)

Building Features:

  • Style: Multiplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick, Stone
  • Fire Protection: Alarm system
  • Floor Space: 9474 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 12
  • Access Type: Road access, Highway access
  • Amenities Nearby: Park, Playground, Schools, Shopping
  • Built in: 1935
  • Features: Southern exposure, Conservation/green belt, Laundry- Coin operated
  • Floor Space (approx): 9474 Square Feet
  • Lot Depth: 112.0 Feet
  • Lot Frontage: 105.0 Feet
  • Structure Type: Porch
  • Zoning: DC1
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 15

Courtesy of: Royal LePage Meadowtowne Realty

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