Overbrook - Castleheights and Area, ON K1K 2N8
Retail/residential duplex for sale near the intersection of Montreal Road and Center Street. The property is located directly across the street from a large retail plaza. The location is blessed with very high traffic and visibility from the intersection. The ground floor measures approximately 960 sf of nicely finished usable space with a private bathroom. It is vacant and freshly painted. Use it for your own business, or rent it. There is a high loading dock with a double man door for shipping and receiving. The basement is included at no additional charge and is usable for dry storage. The second floor is a residential apartment and is rented. The property offers excellent MS2 [2199] zoning, which is ideal for a wide range of commercial and mixed residential uses, and a great candidate for using the property for a redevelopment of greater height and density. The new zoning permits up to 30 meters in height.
TRREB MLS® Attribution
MLS® X12433228
Listed by ROYAL LEPAGE INTEGRITY REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$5,371
/month · $880,000 mortgage
Amortization
Total Interest
$731,434
Total Cost
$1,611,434
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE INTEGRITY REALTY