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Home ON Greater Toronto Area New Tecumseth
70 VICTORIA STREET E
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70 VICTORIA STREET E $4,599,999
$4,599,999
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70 VICTORIA STREET E
New Tecumseth (Alliston), Ontario L9R1L2

MLS® Number: N12019048

Listing Description

70 Victoria St East Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Levels Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, Full Roof Replacement, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as This Building Has a Fantastic Reputation Within the Community, PLUS its Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Numbers on this Investment Property will Impress. Please Inquire Further for Lease, Income and Expense Numbers (40043132)

Location Description

Victoria St E & Centre St

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Alliston
Land Size
Bldg=88 x 108 FT
Age Of Building
31 to 50 years
Annual Property Taxes
$14,056
Total Parking Spaces
20
Time on REALTOR.ca
10 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Electric)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
20

Measurements

Square Footage
14625 sqft
Exterior Building Size
14625 sqft

Land

Lot Features
Frontage
88 ft
Land Depth
108 ft
Other Property Information
Zoning Description
UCC
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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