
Wellington North, ON N0G 2E0
Set yourself up with success right away with a 30% CAP RATE or more. In the business we call this a golden unicorn, the potential for four to five income streams turns your cap rate earning the best in your entire portfolio! Looking to set up your new business, create a location for cardlock or fuel storage and distribution, maybe a smart cross dock system, organize your new church or just looking to have your very own garagedominium, the allowed uses are almost endless! This 1.26 Acre Commercially zoned piece of perfection features 2200 sqft garage/service area complete with in floor heating, open span construction, metal walls, 15 ft ceiling plus two piece shop washroom. The 1000 sqft private kitchen area features open concept dining and lounge, huge three piece walk in bath plus two private bedroom like rest areas all on epoxy finished floors. The raised private mezzanine also has the bedroom like vibe but yet offers privacy and seclusion. Essential services are in tip top condition with the drilled well and three stage septic both five years old. Interesting addition is the RV septic connection in case an RV sales and service is the plan. The building is fully metal clad both exterior and in the shop space and beautiful vinyl walls and checker plate ceilings in the lounging section plus spray in insulation throughout. The building is right but the expansion option is incredible. You just have to come see this to believe it.
TRREB MLS® Attribution
MLS® X13073356
Listed by RE/MAX Real Estate Centre Inc
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.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$5,859
/month · $959,920 mortgage
Amortization
Total Interest
$797,861
Total Cost
$1,757,781
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX Real Estate Centre Inc