139 MAIN Street S
Halton Hills, Ontario
MLS® 40867590
$3,200,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40867590
- Bedrooms
- 8
- Bathrooms
- 15
- Year built
- 1882
1 / 49Listing description
A Rare Piece of Georgetown History. A Remarkable Investment Opportunity. Welcome to Berwick Hall a distinctive 16 unit multi residential property in the heart of historic Downtown Georgetown.
Originally built in 1882 the property is associated with renowned architect E. J. Lennox the architect behind Casa Loma and Toronto’s Old City Hall.
Today Berwick Hall offers a mix of bachelor one bedroom and two bedroom suites plus coin operated laundry for additional income. Set on an impressive large corner lot backing onto a ravine the property offers approximately 16 parking spaces strong street presence and immediate access to downtown shops restaurants cafés and amenities. For investors the property offers an attractive cap rate with strong current income and additional upside through rent optimization suite improvements operational efficiencies and future repositioning.
The scale of the lot and downtown location may also offer longer term redevelopment or alternative use potential subject to required approvals. For the first time in more than 30 years Berwick Hall is ready for a new owner. History income land and long term opportunity in one remarkable property.
Property summary
- MLS® number
- 40867590
- Property type
- Multi-family
- Size
- 11,950 sq ft
- Title
- Freehold
- Built in
- 1882
- Annual property taxes
- $19,977.00
- Parking
- 16 spaces · Open
- Days on market
- 13 days
Features & details
- Heating
- Other
- Cooling
- None
- Basement
- Finished, Full
- Exterior features
- Stone, Stucco
- Lot features
- Laundry- Coin operated
- Community features
- High Traffic Area, School Bus
What would this home cost you?
Based on the $3,200,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CASORA REALTY INC., Burlington.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.