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In-PersonVirtual Tour
$ 1,700,000
Est. payment | /mo
3,900 SqFt
$ 1,700,000
Est. payment | /mo
3,900 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $435
Subdivision O'Neill
MLS Listing ID E11923515
Annual Tax Amount $18,591
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Large Opportunity Awaits! Good Cash flow and being sold together with 463 bond allowing for long term construction of a large apartment building. 455 bond street east is a previously assembled property consisting of a large hall as well as a detached house currently in a robust PSC zoning type. Currently occupied hall and vacant home.. existing rent for hall and an occupied house estimates 114k+ annual income against 25k average expenses (inquire for finance sheet) 88k NOI PSC-A zoning allowing for a wide range of uses retail to residential. PSC zoning allows for large apartment building with no inherit story cap, generous set backs allowing for large redevelopment of the site. Potential to purchase rear hydro easement allowing second street access to the site. **EXTRAS** All appliances, chattels not belonging to tenants are included in sale. Sale would be subject to HST and in addition to price if applicable.
Location
Province ON
County Durham
Community O'Neill
Area Durham
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 102.7
Lot Depth 130.0
Others
Security Features No
Listed by TFG 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