Fantastic 3.24ac investment property located on prime corner lot offering excellent visual exposure + incredible volume of daily vehicle traffic comprised of L. Erie Cottagers, Car Racing Enthusiasts, Tourists & Local Traffic – mins W of Cayuga enjoying 548.72ft of Hwy 3 frontage + frontage on River Rd. 30 min comm/Hamilton, Brantford & 403 – 90 mins/GTA. Ftrs versatile 7,911sf multi-unit complex incs 3-4 COMM/RETAIL UNITS ftrs 500sf E bay garage, 180sf multi-purp. room (former ice cream shop), 554sf multi-purp. room, 965sf retail/store front (former restaurant) w/3 baths & patio door WO to outdoor conc. patio. 3 RESIDENTIAL UNITS -UNIT #1 – 2 stry, 2 bedroom ftrs living room w/cath. ceilings + premium flooring, stylish kitchen w/SS appliances, den & 2pc bath. Upper level ftrs open area (bedroom potential), huge master (formerly 2 bedrooms), 2nd bedrm + 4pc bath. UNIT #2 incs 3 bedrooms, living room, dining room, kitchen & 4pc bath. Adjacent laundry rm is shared w/Unit #1. UNIT #3 – 1 bedroom bachelor apartment incs kitchen, living room + bathroom. Income generators inc 10KW Solar Tracker Micro Fit w/aprx. 10 years remaining on contract -aprx. $12,000 annually + Fast Food Truck renting outdoor lot space for $12,000 p/year Extras inc metal roof, n/gas furnace, AC, vinyl windows, 200 amp hydro, 3000g cistern, septic & huge aggregate parking lot. Set your own rental rates as entire building (incs all comm. & res. units) will be vacant on completion-$80,000 plus income potential. (id:3082)
Overview
- Year Built1952
- HeatingForced Air
- CoolingCentral Air Conditioning
- Sewer/SepticSeptic System
Features
- PoolY
- Security
- Floor Coverings
What's Nearby?
Restaurants
- Twisted Lemon (0.74 km)15 reviews
- Shelly's Family Dining (2.69 km)1 reviews
- Caruso's (1.01 km)5 reviews
Coffee Shops
- Collabria Cafe (9.26 km)1 reviews
- Station 1 Coffeehouse (23.05 km)32 reviews
- The Minga (13.14 km)5 reviews
Grocery
- Mike's No Frills (20.72 km)3 reviews
- Farm Boy (26.03 km)1 reviews
- Food Basics (9.95 km)1 reviews
Education
- Robert Land Academy (15.79 km)3 reviews
- Hillfield Strathallan College (20.38 km)2 reviews
- Cornerstone Preschool (16.36 km)1 reviews
Gas Stations
- New Credit Variety (8.68 km)1 reviews
- Petro Canada (20.76 km)1 reviews
- Costco Wholesale (21.93 km)6 reviews
Bank
- RBC Royal Bank (20.14 km)1 reviews
- Td Bank Financial Group (19.46 km)2 reviews
- TD Canada Trust (18.9 km)1 reviews