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
$899,900
Available - For Sale
Listing ID: S8304202
268 King St , Midland, L4R 3M3, Ontario
| Land and Building only. This fully-leased commercial building in Downtown Midland, located in the vibrant setting of Georgian Bay, presents an exceptional investment opportunity. The property comprises three units, with a main floor housing a thriving Health Food Store and two residential units above. These apartments include a spacious 3-bedroom, 2-bathroom unit and a comfortable 2-bedroom, 2-bathroom unit, ensuring a diverse and stable rental income stream. With its current rents and long-term lease agreements, this property offers a compelling return on investment that is expected to endure for years to come. The building enjoys prominent visibility along King St and access from Hugel Ave, attracting high volumes of both drive-by and walk-in traffic. Its strategic location in the heart of the downtown core positions it for continued growth and success. Furthermore, the recent complete renewal of the streetscape in 2020 by the Town of Midland enhances the property's appeal and value. This, coupled with Midland's reputation as a fast-growing and picturesque town, makes this property a highly desirable asset for any investor looking for long-term rental income in a thriving community. |
| Price | $899,900 |
| Taxes: | $5524.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 268 King St , Midland, L4R 3M3, Ontario |
| Postal Code: | L4R 3M3 |
| Province/State: | Ontario |
| Lot Size: | 24.00 x 93.00 (Feet) |
| Directions/Cross Streets: | Hugel Ave & King St |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 3552.00 |
| Total Area Code: | Sq Ft |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Water: | Municipal |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Midland |
| Neighbourhood: | Midland |
| Lot Size: | 24.00 x 93.00(Feet) |
| Tax: | $5,524 |
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