ON > Erin > Rural Erin
Erin, ON N0B1Z0,100 TRAFALGAR ROAD
Erin, ON N0B1Z0,100 TRAFALGAR ROAD
Erin, ON N0B1Z0,100 TRAFALGAR ROAD
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Alina Corjan

Alina Corjan

+1(647) 834-5717
$899,900
Est. payment /mo
3,650 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,650 sqft

Price per Sqft $246

Subdivision Rural Erin

MLS® Listing ID X12459965

Source Toronto Regional Real Estate Board

Property Description

Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing ahigh volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boasting a cap rate of 6.4%. It is fully leased with Main Floor Is Leased with Pharmacy on renewal options and upstairs 2 updated residential units are with long term Tenants. This property is not just attractive from a financial standpoint; it has also received recent structural and mechanical upgrades, with more than $150,000 spent on renovations. Thec-1 zoning allows for a variety of commercial uses, adding to its appeal for potential tenants. Conveniently located in close proximity to a range of amenities, including a grocery store, arena, and veterinary clinic, the property also offers ample parking for both tenants and customers, further enhancing its appeal. Overall, this commercial property represents an exceptional investment opportunity due to its prime location, consistent rental income, recent updates, and potential for additional revenue streams A portion of the lot is leased on a grandfathered 99 year lease (20.03ft X 52.29ft )PIN (711390220)from the Township of Erin. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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Listed by ROYAL LEPAGE FLOWER CITY REALTY

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Alina Corjan

Alina Corjan

+1(647) 834-5717

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