219 Vermillion Ave

For Sale New 24 hours
$2,360,000
beds
baths
17,132 Sqft

219 Vermillion Ave

For Sale New 24 hours
$2,360,000
beds
baths
17,132 Sqft

Highlights

Key insights

Description

Opportunity to obtain an extensively renovated multi-tenanted mixed-use investment property, featuring Commercial on the Main Floor and 10 Residential units above. Constructed circa 1960s and extensively upgraded in the last 5 years. The main floor retail unit totals approximately 9,577 sq. ft. and is fully leased to Fields Store under a new 5-year term effective November 2024. The second-floor residential units were upgraded in 2021. Situated on an approx. 13,024 sq. ft. C2-Central Business zoned lot. Offered at an attractive CAP rate of 7.02% on the asking price, with a solid tenant mix, makes this a smart investment for the future. (id:63267)

Ron Plowright of RE/MAX Bob Plowright Realty,
#10367051
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Exterior
  • Roof
    Unknown
Location
  • Subdivision
    Princeton
  • Zoning description
    Commercial
  • Directions
    1372891
Lot/ Land Details
  • Lot dimensions
    0.3
Overview
  • Lot size (acres)
    0.3
  • Building size
    17132
  • Listing #
    10367051
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29044962/219-vermillion-avenue-princeton-princeton
  • Listing type identifier
    Idx

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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.
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$-6,293

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