Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

204369 County Rd 109 N/A, Amaranth, ON L9W 0T5 (County Rd 109/ 6th Line)
$ 1299900 - MLS : X12458239

From Our Gallery

Description

Outstanding Investment Opportunity Just 5 Minutes from Orangeville! This prime 1.01 acre corner property with C2 Highway Commercial zoning offers exceptional income potential with an estimated potential 10% cap rate if tenanted at estimated market rents and offers a diverse array of potential permitted uses. Ideal for investors or owner/operators seeking cash flow & versatility. The property features two self-contained 2-bedroom apartments with 1 washroom each, providing rental income or convenient on-site living. Auto mechanic garage includes 2 bays, office, washroom, and optional equipment available (2 hoists, wheel alignment machine, air compressor, some tools etc.). Restaurant with kitchen, dining area & 2 washrooms offers opportunity for an additional income stream or owner-use potential. 2 septic systems & drilled well. C2 Zoning can permit multiple possible uses depending on Town approval such as vehicle repair, gas bar, restaurant, retail, office, greenhouse, storage facility, hotel/ motel, or recreation. A Clean Phase 2 Environmental Report (2017) is available. This is a rare chance to own a versatile, income-generating property in a high-traffic location. Don't miss this opportunity!

Location Description

County Rd 109/ 6th Line

Property Detail

Community: Rural Amaranth
Property Type: Owner+Tenant/Commercial
Garages: Other
Annual Property Taxes : $ 4481.92

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Other

Amenities

Heating : Gas Forced Air Closed
Sewer : Septic ,
Water System : Drilled Well

Listing Contracted With: EXIT REALTY HARE (PEEL)

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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