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$ 799,999
Est. payment | /mo
$ 799,999
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID X9523606
Annual Tax Amount $8,810
Tax Year 2024
Property Description
This is a rare opportunity located right on the main street in Lancaster. The 8-unit building offers 7 spacious residential units and 1 commercial unit. 5x 2Bedroom units and 2x 1Bedroom units. The beautifully updated commercial space presents a world of possibilities, and the residential units offer plenty of upside for increased income. Enjoy strong cash flow and a prime location. The building is located in a high-traffic area with excellent visibility, making it ideal for a variety of businesses. The residential units are in high demand due to their prime location and affordable rent, and the property is well-maintained and has been updated with modern amenities. Don't miss out on this rare opportunity to acquire a high-performing investment property in a desirable location.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 722 - Lancaster
Area Stormont, Dundas And Glengarry
Zoning 724
Region 722 - Lancaster
City Region 722 - Lancaster
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Utilities Available Unknown
Roof Type Unknown
Lot Frontage 47.0
Lot Depth 123.0
Others
Security Features Unknown
Pets Allowed Unknown
Listed by CENTURY 21 SHIELD REALTY LTD.
"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