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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$999,000
Available - For Sale
Listing ID: X8234226
159 Y Rd , Hastings Highlands, K0L 1C0, Ontario


Located just north of Bancroft, this combination of a thriving well-established custom kitchen cabinetry with supplementary rental income from 49 heated storage units is a fantastic opportunity for someone looking to start or expand within the kitchen business offering stability or for entrepreneurs looking to establish something new. 5 Reasons to love this property: Location: Being easily accessible from a major highway(62N) and situated in a desirable developing area provides excellent exposure and potential for growth. Facilities: With over 8800 sq ft spread across three free-standing buildings, there's plenty of space for operations and expansion. The heated storage units available in different sizes adds versatility to the property. Income Streams: The established custom cabinetry business provides a solid foundation, while the rental income from the storage units offers a steady stream of cash flow. This dual-income model can help mitigate risks and potentially accelerate the payoff of any mortgage. Inventory: The inclusion of an expansive inventory of equipment is a significant asset, particularly for a start-up or an existing business looking to expand. It reduces the initial investment required and streamlines the transition process. Zoning: The fact that the zoning allows for multiple uses provides flexibility for future development or diversification of services.
Extras:   Seller is willing to stay on to help with transition.
Price $999,000
Taxes: $8561.82
Tax Type: Annual
Occupancy by: Owner
Address: 159 Y Rd , Hastings Highlands, K0L 1C0, Ontario
Postal Code: K0L 1C0
Province/State: Ontario
Legal Description: PT LT 4 CON 2 HERSCHEL PT 1 21R11523; HA
Lot Size: 310.00 x 213.00 (Feet)
Directions/Cross Streets: Hwy 62N And Y Road
Category: Free Standing
Use: Other
Building Percentage: Y
Total Area: 8848.00
Total Area Code:  Sq Ft
Office/Appartment Area: 410
Office/Appartment Area Code: Sq Ft
Industrial Area: 8438
Office/Appartment Area Code: Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 16-30
Rail: N
Clear Height Feet: 13
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 2
  Height Feet: 10
  Width Feet: 10
Grade Level Shipping Doors #: 0
Heat Type: Radiant
Central Air Conditioning: N
Sewers: Septic
Water: Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
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Milad Akrami
Sales Representative
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At a Glance:
Type: Com - Industrial
Area: Hastings
Municipality: Hastings Highlands
Neighbourhood:
Style:
Lot Size: 310.00 x 213.00(Feet)
Approximate Age: 16-30
Tax: $8,561.82
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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