Commercial listings / Retail / For sale
60 Queen Street S, New Tecumseth, ON L0G 1W0
$1,499,900
- Property type
- Retail (Commercial Retail)
- Transaction
- For sale
- Location
- New Tecumseth, Simcoe
- Building area
- 6,300 Square Feet
- MLS® number
- N14141124
Description
Prime mixed-use investment property in downtown Tottenham featuring five residential apartments and one commercial unit currently operating as a barber shop. Generating approximately $9,849 in gross monthly rental income ($118,188 annually). Features include 10 parking spaces, a private driveway and a basement. The majority of the building is heated by a central gas heating system, with only two apartments using electric baseboard heating. Utilities include two water meters, three hydro meters and one gas meter. Excellent exposure on Queen Street South, within walking distance of shops, restaurants and local amenities. Great investment opportunity with both residential and commercial rental potential.
Listing brokerage: ROYAL CANADIAN REALTY
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