$1,199,000

For sale

944 Lake Drive East, Georgina (Sutton & Jackson's Point) - Retail for Sale

944 Lake Drive East, Georgina (Sutton & Jackson's Point), Ontario, L0E1L0

3 baths6 parking2,382 ft²50 × 100 ft (5,000 sq ft) lot sizeListed 9 days ago

Overview

This retail property in Georgina is for sale offering roughly 2,382 sq ft of space. It has been on the market 9 days, fresher than the Georgina average of 66 days.

Retail Space for Sale in Georgina →All real estate in Georgina →

Description

Fully Leased & Income Producing With A Great Location And Heavy Road Exposure, This Newly Custom Built Mixed Use Property Is 3 Units Total; 2 Commercial, 1 Residential With Seperate Parking! The Building Features Extensive Built-In Cabinetry, Custom Windows And Doors, Hanstone Quartz Countertops, Tasteful Finishes, Customer Street Parking, Separate Heating And Cooling Sources Between Commercial And Residential Units, Separate Hydro Meters With Underground Service And Separate Entrance To The Basement Creates An Abundance Of Storage For Commercial Units. Multiple Entrances Allow For One Full Or Two Commercial Units The Fully Self-Contained & Comfortable Apartment Has A Separate Entrance, Parking, Laundry, 2 Bedrooms, 2 Bathrooms, Heated Tile Floor In Ensuite Bath, Vaulted Ceilings And Panel Ready Appliances. Have Peace Of Mind On The Property With Video Surveillance And A Fully-Fenced Yard. (id:66096)

Property Details

MLS®: N14115888
Property Type: Retail
Zoning: C1-9
Bathrooms: 3
Parking: 6
Interior Size: 2,382 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $10,932.1/yr
Listed: 9 days ago

Features

Appliances: Dishwasher, Range

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Georgina (Sutton & Jackson's Point) listings, avg age

66d

Price / ft²

$503

List price

$1.20M

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This retail in Georgina (Sutton & Jackson's Point) has been listed for 9 days, which is 57 days fresher than the city average of 66. Act while there is still low competition.

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Listed by LPT REALTY · MICHAEL FISHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0E)

This home lists at $1,199,000, about 13.3× the local median household income of $90,000.

Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 160% above the area median.

Median household income: $90,000
Population: 21,898
Median age: 46.8
Owner / renter: 84% / 17%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L0E)

$1,199,000· $503/ft²

For sale

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Financing

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