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Monday, December 16th, 2024
Kenny Chan
Landpower Real Estate Ltd. , Brokerage
Independently owned and operated.
905-305-9669 kwmchan@gmail.com
Personal Picture
Kenny Chan
Broker
Landpower Real Estate Ltd., Brokerage
Independently owned and operated.
kwmchan@gmail.com
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$1,200,000
Available - For Sale
Listing ID: W10875222
Investment Opportunity on Guelph St [Hwy 7] in Georgetown. This two-story building includes 5 commercial tenants containing a total of 4,777 leasable space. Positioned just east of Mill Street, the property offers outstanding visibility and access, along with ample parking for approximately 15 vehicles. A range of tenants a salon, a used clothing store, office space, storage, and a tattoo studioproviding a stable source of income. All units are currently tenanted with commercial uses. The property is equipped with 1200 AMP three phase electrical - making this site potentially the ideal call center, BIT Coin operations or other commercial uses requiring lots of hydro. The property site covers a total area of 8,966 square feet and benefits from legal, non-conforming zoning within the current Official Plan. It is located within the Mill Street Corridor, an area designated for strategic redevelopment as per the Georgetown GO Station Area Secondary Plan. Its proximity to downtown Georgetown and the GO station enhances its appeal, making it a highly desirable investment for both current commercial use and residential projects. Access to the rear parking area from Guelph Street is via a Right of Way over the Town of Halton Hills Sewer Easement. According to the property survey, the eastern boundary of the lot meets this Sewer Easement at the end of the retaining wall. Current uses are permitted as Commercial Retail, the zoning under the official plan does not allow future extensive Commercial uses however, the property could potentially be repurposed to support Low Density Residential [LDR 1] uses in the future. Property is offered "as is, where is" without any representations or warranties. A Confidentiality Agreement must be submitted to receive financials. Property is offered "as is, where is" without any representations or warranties.
Price $1,200,000
Taxes: $18,244.29
Assessment: $984000
Assessment Year: 2024
Occupancy by: Tenant
Address: 43 GUELPH St , Halton Hills, L7G 3Z6, Ontario
Postal Code: L7G 3Z6
Province/State: Ontario
Legal Description: PT LTS 2 & 3, PL 37 , N OF GUELPH ST, AS
Lot Size: 79.99 x 115.5 (Feet)
Directions/Cross Streets: Corner of Mill Street and Guelph Street AKA Highway 7
Zoning: LDR1-2
Category: With Property
Total Area: 6,153
Total Area Code:  Sq Ft
Retail Area: 4777
Outside Storage: N
Volts: 600
Elevator Lift: None
Sewers: Sewers
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Meadowtowne Realty Brokerage

43 GUELPH St , Halton Hills, L7G 3Z6, Ontario

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Kenny Chan
Broker
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647-338-9228
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905-305-9669
Fax:
905-305-9668

 
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Halton Hills
Neighbourhood: Georgetown
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Lot Size: 79.99 x 115.50(Feet)
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Tax: $18,244.29
Maintenance Fee: $0
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Kenny Chan Broker Landpower Real Estate Ltd., Brokerage Independently owned and operated. pic kwmchan@gmail.com pic 3621 Highway 7 E Suite 403, Markham, Ontario L3R0G6 pic Office: 905-305-9669 | Fax: 905-305-9668 Personal Pic