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Renanza Realty
For sale

60 QUEEN STREET S

New Tecumseth (Tottenham), Ontario

MLS® N14141124

$1,499,900

Status
Active
Property type
Retail
MLS® number
N14141124
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Prime mixed-use investment property in downtown Tottenham featuring five residential apartments and one commercial unit currently operating as a barber shop. Generating approximately $9,849 in gross monthly rental income ($118,188 annually). Features include 10 parking spaces, a private driveway and a basement.

The majority of the building is heated by a central gas heating system, with only two apartments using electric baseboard heating. Utilities include two water meters, three hydro meters and one gas meter. Excellent exposure on Queen Street South, within walking distance of shops, restaurants and local amenities.

Great investment opportunity with both residential and commercial rental potential.

Property summary

MLS® number
N14141124
Property type
Retail
Size
6,300 sq ft
Land size
Bldg=66 x 132 FT
Annual property taxes
$11,573.27
Parking
10 spaces
Days on market
3 days

Features & details

Heating
Baseboard heaters, Forced air, Natural gas
Cooling
Partially air conditioned, Fully air conditioned

What would this home cost you?

Based on the $1,499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,979 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL CANADIAN REALTY, MISSISSAUGA.

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.