
$1,699,000
New Tecumseth · Rural New Tecumseth
$1,499,900
Added 5 days ago
Property type
Commercial Retail
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Lot
66 × 132 Feet
Parking
10 spaces
Taxes
$11,573 /yr
MLS®
N14141124
Listed by
ROYAL CANADIAN REALTY
Source
TRREB
Days on market
5
Prime mixed-use investment property in downtown Tottenham featuring five residential apartments and one commercial unit currently operating as a barber shop. Generating approximately $9,849 in gross monthly rental income ($118,188 annually). Features include 10 parking spaces, a private driveway and a basement. The majority of the building is heated by a central gas heating system, with only two apartments using electric baseboard heating. Utilities include two water meters, three hydro meters and one gas meter. Excellent exposure on Queen Street South, within walking distance of shops, restaurants and local amenities. Great investment opportunity with both residential and commercial rental potential.
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3D tour and additional media provided by the listing brokerage.
60 Queen Street, New Tecumseth, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$6,663/mo
Principal + interest
$6,663
Total interest
$798,901
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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