19777 Route 2

For Sale 56 Days
$725,000
beds
baths
5,000 Sqft

19777 Route 2

For Sale 56 Days
$725,000
beds
baths
5,000 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $145/Sqft
  • Time on Houseful
    56 days
  • Property type
    Other
  • Year built
    1953
  • Mortgage payment

19777 Route 2!...Motivated Seller! - Introducing an exceptional investment opportunity nestled in the heart of Hunter River, this mixed-use commercial property boasts a total of 5000 sq. ft. The versatile space includes commercial and office areas, along with three rental units, ensuring a dynamic income stream. Originally leased by Subway, the commercial space, spanning approximately 2000 sq. ft., is now available for the next lucrative business venture. The property's mixed-use commercial zoning provides flexibility for various enterprises, capitalizing on its prime location and high exposure. The three rental units, featuring 2 three-bedroom and 1 two-bedroom units, are fully occupied, offering a steady income. Each unit is equipped with a heat pump, ensuring comfort for tenants. Additionally, a shared laundry facility enhances the property's convenience and desirability. A testament to modernization, the building underwent extensive renovations in 2017 and it was completely gutted. new windows, doors, trims, steel roof, all flooring, heat pumps and the list goes on. These improvements not only enhance the property's aesthetic appeal but also contribute to its long-term durability and low maintenance. Strategically positioned in a location with high visibility, this investment property presents an excellent opportunity for those seeking a blend of commercial and residential income. With a solid rental history and recent renovations, it stands as a sound investment choice in the vibrant community of Hunter River. All measurement are approximate and should be verified by the purchaser. (id:63267)

Omid Talebi of ROYAL LEPAGE PRINCE EDWARD REALTY,
#202517385
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Exterior
  • # total stories
    2
Interior
  • Flooring
    Other
Location
  • Subdivision
    Hunter river
  • Directions
    2136515
Overview
  • Lot size (acres)
    0.0
  • Building size
    5000
  • Listing #
    202517385
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28593874/19777-route-2-hunter-river-hunter-river
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-1,933

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes