Century 21 Leading Edge Realty Inc. Brokerage

165 Main Street North, Markham, ON, L3P-1Y2

26-28 Front St N For sale

$ 3,700,000

Est. monthly: $16123.74
Description

A A A Location, Multiplex W/8 Residential & 2 Commercial Units In The Heart Of Downtown Thorold Featuring Two Buildings & Extra Land To Build @ Your Convenience. 2 Commercial Units; Long Term Restaurant In Main Building & New Tenant In B Building + 8 Residential Units: 4-2Br Units; 3-1Br & 1Studio. Meticulously Taken Care Property With Extensive Renovations (Ask La For Financials And List Of Improvements) From Roof To Residential Units & Parking. Currently 8 Parking For Residential, 5 Parking Serving Restaurant & 4 Parking Serving Commercial Unit In B-Building (Back). Gross Income Appx.$131,051. Main Building Has 9 Wash: 3 Wash Restaurant & 6 Wash Res Units. Building B Has 4 Wash: 2 Wash In Com Unit & 2 Wash In Res. No Vacancies & Potential For Rent Increases. Stress Free Investment With Exercising The New Building Option On The Back Of 2nd Building. Thousands Spent On Plans & Applications Waiting Approvals.**** EXTRAS **** Rare Opportunity. The Seller Can Finance Half Of Purchasing Price @ 5.5% Far Less Than Bank Rates, Dont Miss This Opportunity Before Is Gone. Seller Can Keep Both Buildings & Work Future Rent Growth Or Build In Another Building. (id:11644)

Listing Contracted With: No Record
Property Details
  • Bedroom: 12
  • Bathroom: 8
  • Property Type: Multi-family
  • Construction Style: N/A
  • Building Type: Other
  • Ownership Type: N/A
  • Postal Code: L2V1X5
  • Storey(s): 2
  • Maintenance Fee: N/A
  • Basement: N/A (Unfinished)
  • Neighbourhood: N/A
  • Total Area: N/A