Prime Investment Opportunity! This income-generating commercial property in Georgetown offers strong potential for both investors and owner-users. Situated at the high-visibility corner of Guelph Street (Highway 7) and Maple Avenue, the property is located within the Georgetown GO Station Area Secondary Plan, a key gateway in the Towns Sustainable Halton Plan. This opportunity provides stable income from 5 of 6 tenanted units on net escalating lease agreements, ensuring long-term value. The property spans 7,020 SF Gross Leasable Area and features onsite parking for approximately 20 vehicles with access from Maple Avenue only. Currently zoned GCN3 [H4], the property allows for professional offices, medical, dental, laboratory, accountants, and other service-based businesses, though it is not suitable for Cultural Centre, Church, or School uses. A takeout restaurant may be permitted with a maximum of six table settings, subject to approval from the Town of Halton Hills. The property enjoys high-traffic exposure and is just steps from the GO Station, bus routes, four schools, and Dominion Seed Park. Lease terms are Net + TMI, with tenants responsible for utilities and business expenses. Lease hold improvements are at the tenants expense. The property is being sold "as is, where is" without any implied or expressed warranties. |
Price | $2,950,000 |
Taxes: | $26000.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 116 Guelph Stre , Halton Hills, L7G 4A3, Halton |
Postal Code: | L7G 4A3 |
Province/State: | Halton |
Legal Description: | PT BLK K JUDGE'S PL 1269, AS IN 544719 ; |
Directions/Cross Streets: | Corner of Guelph St and Maple Ave |
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 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 0 | |
Washroom Type 17 | 0 | |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 0 | |
Washroom Type 22 | 0 | |
Washroom Type 23 | 0 | |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 | |
Washroom Type 26 | 0 | |
Washroom Type 27 | 0 | |
Washroom Type 28 | 0 | |
Washroom Type 29 | 0 | |
Washroom Type 30 | 0 |
Category: | Office |
Building Percentage: | T |
Total Area: | 21355.58 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 7020 |
Office/Appartment Area Code: | Sq Ft |
Area Influences: | Major Highway |
Approximatly Age: | 51-99 |
Sprinklers: | No |
Washrooms: | 6 |
Rail: | N |
Soil Test: | No |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE MEADOWTOWNE REALTY |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Com - Office |
Area: | Halton |
Municipality: | Halton Hills |
Neighbourhood: | Georgetown |
Approximate Age: | 51-99 |
Tax: | $26,000 |
Baths: | 6 |
Fireplace: | N |