Sona Bhalla
Broker
HouseSigma Inc, Brokerage
Independently owned and operated.
15 Allstate Parkway #629, Markham, Ontario L3R5B4
Cell: 647-992-7653Office: 647-360-2330
$549,900
Available - For Sale
Listing ID: X13721288
14 Clinton Street South , South Bruce, N0G 2S0, Bruce
| INVESTORS - TAKE A CLOSER LOOK AT THE NUMBERS. This mixed-use property in the heart of Teeswater combines immediate residential income with significant commercial upside. Four residential apartments are fully occupied, generating $6,000 per month / $72,000 per year in current gross rental income. The approximately 2,500 sq. ft. commercial component offers the opportunity to generate an additional $30,000 annually when fully leased, bringing potential total gross income to approximately $102,000 per year. At the current asking price of $549,000, that's a compelling income opportunity. The commercial space is being offered at $7.00/sq. ft. plus approximately $5.00/sq. ft. TMI and may also appeal to an owner/operator looking to run a business while the four apartments help carry the property. Approximately 5,000 sq. ft. in total with C1 zoning and a prominent Clinton Street location. Buy the existing income and unlock the commercial potential. |
| Price | $549,900 |
| Taxes: | $8963.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 14 Clinton Street South , South Bruce, N0G 2S0, Bruce |
| Postal Code: | N0G 2S0 |
| Province/State: | Bruce |
| Directions/Cross Streets: | James |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 5000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2500 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Bruce |
| Municipality: | South Bruce |
| Neighbourhood: | South Bruce |
| Tax: | $8,963 |
| Fireplace: | N |
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