24 Main Street South, Halton Hills
Home for Sale

$1,550,000
List Price
3000-3500
Square Feet
7 bed
4 bath

MLS#: W10410272

About this Listing

Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.

Two furnaces, 1 unit is heated with electric baseboards.

Broker: Royal Lepage Meadowtowne Realty

Listing Details

$5,552
Taxes

142x132
Lot Size

Sep Entrance, Unfinished
Basement

Rooms

No room data available.

Book a showing with us!

Amy
Nicholas
Natasha
Share Listing