Greater Sudbury, Ontario
Discover this remarkable 24,000 sq ft commercial-residential mixed-use property offering incredible income potential and a proven high return on investment. Situated in a prime location, this asset is a standout opportunity for seasoned investors and developers alike.Key Features:1.Outstanding Income Return:oCurrent net profit: $675,557.13 annually, equating to a 12.75% net income return.oPost-conversion potential: $766,182 annual net profit, yielding an enhanced 14.45% net return.2.High-Value Asset with Significant Upside:oAppraised at $7.25M by a bank-approved appraiser.oMarket value projected to exceed $9M upon conversion to a 100% residential property.3.Existing Configuration:o12,000 sq ft of prime retail and office space.oResidential units: 4 studios, 8 one-bedroom apartments, and 8 two-bedroom apartments.4.Conversion Potential:oAfter transformation, the property will feature 6 studios, 8 one-bedroom apartments, and 28 two-bedroom apartments, catering to high-demand residential needs.5.Renovation Incentives:oGuaranteed renovation cost: Only $650,000, after factoring in city-supported CIP grants and interest-free loans.oBoosted rental income: Conversion results in a $90,625 annual increase in net rental income.6.Favorable Financing Options:oCMHC loan eligibility upon issuance of building permits.oLoan covers 100% of conversion costs at a competitive 4% interest rate.Why This Property?With strong current returns, significant upside from planned conversions, and the city-backed incentives to minimize costs, this property represents a rare blend of high yields, manageable risk, and long-term value appreciation.Don't miss this exceptional investment opportunity in the thriving City of Sudbury. (id:54662)
Bay Street Group Inc.
Brampton, Ontario
Over 3000 Sq Ft Luxury Home With 4 Large Size Bdrms, Huge Primary Bdrm, Modern Extended Kitchen With Quartz Counters, Gas Stove, Double Door Stainless Steel Fridge And Dishwasher. Good Sized Backyard, Office On Main Floor And Media Room On Second Floor With 3 Full Washrooms. Main Floor Offers Separate Family, Dining, Living And Den. Very High End Area. Upper Level Only, Basement Is Rented Separately And Not Available For Lease. Upper Level Tenants Shall Pay 70% Of Utility Bills. (Pictures Are From Previous Listing). (id:54662)
RE/MAX Gold Realty Inc.
Oakville, Ontario
Stunning End-Unit Townhome with simply breath taking view of the Tranquil Pond W/ WalkingTrails. This Executive Townhome features 3 bedrooms on the upper and conveniently located on main floor In-Law suite with 1 Bedroom and private 4pc bathroom. Main floor offers open concept with modern kitchen, central island and breakfast bar, large walk in pantry. Family room large enough for big family. Large terrace just off the family room gives for space to relax or great area for entertainment. Spacious and bright Living room with south exposure overlooking the pond. Just enjoy the view after all day at work. Master bedroom large enough for king size bed, walk in closet as well as modern en-suite with separate glass shower together with freestanding oasis bath tub for those that love the spa feel at home. Two extra bedrooms over looking the pond it is a delight for kids or office space.Spacious Laundry room located on the main, together with extra closet space. Close to schools, Shops, transit, Go and HWY's 403/QEW and 407 (id:54662)
Sutton Group - Summit Realty Inc.
Severn, Ontario
Charming starter home just minutes to Orillia! Move in to this renovated 2 bedroom home and start your home ownership journey! The oversized lot is ideal to enjoy and explore the outdoors and there is ample space to park multiple vehicles. Newer furnace (2018), metal roof, window and doors (2018) and updated electrical and plumbing (2018-1019). The large open concept kitchen features stainless steel appliances, large island with extra storage, dining area and a walk out to your private deck. This home shows beautifully. You won't want to miss out on this gem! (id:54662)
Royal LePage First Contact Realty
Toronto, Ontario
Rare Find! Perfect Spot In Scarborough. Excellent Storefront Visibility And High Exposure. Ideal Location For Indian, Hakka Chinese, Or Shawarma Restaurant. Surrounded By Multicultural Neighborhood. Easy To Convert To Any Cuisine. 2200 Sq Feet, 75 Seats For Llbo, 20 Feet Exhaust Hood, Walkin Cooler, and Plaza Parking. Rent $5231(TMI,HST & Water Included) 4+5 Years Option To Renew. (id:54662)
Reon Homes Realty Inc.
Milton, Ontario
Located in the heart of Derry Green Business Park in Milton, Milton Gates Business Park is a modern new build commercial condominium complex. Spread over 4 buildings, this development offers flexible unit options, convenient access and prominent exposure to help your business grow. Building A offers great exposure to Derry Rd and Sixth Line in the growing City of Milton. (id:54662)
Kolt Realty Inc.
London, Ontario
This property boasts 2700sft of open space in the basement. It occupies a strategic location in Downtown London at the bustling corner of Wellington and Dundas Streets. Surrounded by prominent downtown office towers, this site guarantees substantial foot traffic, making it highly suitable for a diverse range of commercial ventures. Previously was a workout space. Additionally, its location along the forthcoming bus rapid transit line enhances its appeal, positioning it as an outstanding opportunity for both owner-operators and savvy investors ready to capitalize on this high-potential asset. (id:54662)
RE/MAX Excel Realty Ltd.
Milton, Ontario
Located in the heart of Derry Green Business Park in Milton, Milton Gates Business Park is a modern new build commercial condominium complex. Spread over 4 buildings, this development offers flexible unit options, convenient access and prominent exposure to help your business grow. Building A offers great exposure to Derry Rd and Sixth Line in the growing City of Milton. (id:54662)
Kolt Realty Inc.
Brampton, Ontario
Beautiful, Clean, well maintained detached 3 bedroom with 4 washrooms, 2 bedroom finished basement with separate entrance from backyard, No carpet in house, full of natural light, double door entrance, extended driveway. Walking distance to Freshco, Shoppers drug mart, bank, bus stop, Cassie Campbell Community Centre, School, Tim hortons and many more other facilities. (id:54662)
Homelife Silvercity Realty Inc.
Milton, Ontario
Located in the heart of Derry Green Business Park in Milton, Milton Gates Business Park is a modern new build commercial condominium complex. Spread over 4 buildings, this development offers flexible unit options, convenient access and prominent exposure to help your business grow. Building A offers great exposure to Derry Rd and Sixth Line in the growing City of Milton. (id:54662)
Kolt Realty Inc.
Severn, Ontario
Discover Paradise By The Lake at Menoke, Nestled in the heart of the sought-after Bosseini Living Community, this exquisite four-season residence offers the perfect blend of peaceful countryside living and convenient urban access. Ideal as a family home, vacation retreat, or investment property, this stunning home provides an unparalleled lifestyle. The residence is perfectly positioned on a corner lot, ensuring privacy and sweeping views. A standout feature is the lookout basement with 9-foot ceilings, offering endless possibilities for customization and enjoyment. Whether you're looking to unwind by the lake, entertain guests, or create your dream space, this home provides the ideal backdrop.Enjoy seamless connectivity to major routes with easy access to Highway 400 and Highway 11. Within a short 30-minute drive, you can explore Orillia, Casino Rama, Muskoka, and Barrie, while Toronto is just under 90 minutes away. This is a rare opportunity to embrace a lakefront lifestyle without sacrificing the conveniences of city living. Make Menoke your gateway to tranquility, comfort, and connectivity a must-see destination for those seeking a blend of natural beauty and modern convenience. (id:54662)
Listo Inc.
London, Ontario
This property boasts 3,854 square feet of prime retail space on the main floor, along with an additional 3,830 square feet in the basement for extra charges if needed. It occupies a strategic location in Downtown London at the bustling corner of Wellington and Dundas Streets. Surrounded by prominent downtown office towers, this site guarantees substantial foot traffic, making it highly suitable for a diverse range of commercial ventures. Previously, it successfully housed Mac's/Circle K and Subway, demonstrating its capacity for high-demand businesses. Great for any uses, restaurant, retails, convience store etc.... (id:54662)
RE/MAX Excel Realty Ltd.