This retail property in New Tecumseth is for sale offering roughly 4,429 sq ft of space. It has been on the market 21 days, fresher than the New Tecumseth average of 53 days.

Description

Presenting a leased mixed-use investment at 53/55 Victoria Street West, perfectly situated in Alliston's bustling downtown core. This property features a commercial unit on the main floor, and two residential units on the second floor, ensuring consistent rental income. The prime location offers high visibility and walkability, making it an attractive spot for businesses and residents alike. With flexible zoning, there's potential for diverse uses, and ample parking at the rear enhances convenience for tenants and customers. A solid investment in a thriving community. (id:66096)

Property Details

MLS®: N14085394
Property Type: Retail
Business Type: Service
Zoning: Downtown Commercial Core
Interior Size: 4,429 ft²
Lot Size: 35 × 161 ft (5,658 sq ft)
Frontage: 35 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $10,342.89/yr
Listed: 21 days ago

Market Timing

Days on market

21d

New Tecumseth (Alliston) listings, avg age

53d

Price / ft²

$282

List price

$1.25M

Haho

This retail in New Tecumseth (Alliston) has been listed for 21 days, which is 32 days fresher than the city average of 53. Act while there is still low competition.

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Area context

Neighbourhood profile (L9R)

This home lists at $1,250,000, about 12.6× the local median household income of $99,000.

Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $99,000
Population: 25,949
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L9R)

$1,250,000· $282/ft²

For sale

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53 & 55 Victoria Street West, New Tecumseth (Alliston) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L9R)

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