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$ 4,880,000
Est. payment | /mo
2 SqFt
$ 4,880,000
Est. payment | /mo
2 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $2,440,000
MLS Listing ID N9305049
Annual Tax Amount $10,500
Tax Year 2023
Property Description
FULL SITE PLAN APPROVAL, SITE IS READY TO GO. WILL CONSIDER A JOINT VENTURE PARTNER TO COMPLETE BUILD. Investment Opportunity, Excellent Location With Highway Frontage. Close To Other Major Developments. Multiple Zoning Allowing For Additional Uses. Close Drive To Highway 404 To Newmarket/Toronto. Potential To Do A VTB. Currently Raised Bungalow 2 Legal, 2Br, Apt., 2 Commercial Unit, Approx.$100K/Yr. Lot Has Several Approvals For Development And Building Of Additional Space. There is a very recent full professional appraisal that has been done, and came in at a value of approx. $4.5M. Additional money has been spent on further development fees, engineering fees, letter of credit, site approval letter fee, etc...
Location
Province ON
County York
Area Belhaven
Interior
Cooling Partial
Exterior
Utilities Available Available
Parking Type Outside/Surface
Listed by P & P PROPERTIES INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN