$1,799,000
Tay
154 William Street, Tay (Victoria Harbour), Ontario, L0K2A0
This multi-family property in Tay is for sale. It has been on the market 33 days, fresher than the Tay average of 83 days.
A STRATEGIC MIXED-USE ACQUISITION IN THE HEART OF VICTORIA HARBOUR! The smartest business decision you can make is owning the building your future runs from, and this 10,300+ sq ft mixed-use landmark in the centre of Victoria Harbour delivers exactly that, pairing a high-exposure commercial presence with five self-contained residential units that create layered income potential under one roof. Positioned in the centre of Victoria Harbour, the property benefits from steady vehicle and foot traffic, with Georgian Bay and the waterfront close by, while marinas, trails, parks, and local amenities sit nearby, strengthening the appeal for both customers and tenants. The nearly 2,900 sq ft street-level commercial space features soaring 13 ft ceilings, rustic wood character, two washrooms, and an open layout that adapts to a wide range of permitted uses, including restaurant, tavern, retail store, business or professional office, clinic, craft shop, or personal service shop. Upstairs, the bright four-bedroom unit functions like a full private residence with a spacious kitchen centred around a large island, open living and dining areas, warm wood flooring, large windows, and two full baths, offering a standout owner's suite or a premium rental option, while two main-level one-bedroom units and two lower-level bachelor units add additional tenancy options and the flexibility to structure tenancies around your business goals. With C1 zoning supporting an array of commercial possibilities, this is the kind of property that lets you build your brand out front while the rest of the building works in the background. Buy the building, run the brand, and let the rest of the space support the vision with serious cash flow potential. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 33 days on market, against an average age of 83 days across the listings currently for sale in this city
This 6-bed multi-family in Tay (Victoria Harbour) has been listed for 33 days, which is 50 days fresher than the city average of 83. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,799,000, about 20.4× the local median household income of $88,000.
Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 299% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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