



$999,900
Tecumseh
12205 RIVERSIDE Drive East, Tecumseh, Ontario, N8N1A1
This industrial property in Tecumseh is for sale. It has been on the market 36 days, fresher than the Tecumseh average of 56 days.
Prime Tecumseh investment opportunity on an exceptionally busy, high-exposure corner of Riverside Dr. E and Chene St., directly beside popular TOTO Café and steps to Lake St. Clair and the Ganatchio Trail. 2 buildings on 1 lot. Versatile mixed-use property featuring commercial space fronting Riverside with residential 2 bedroom apartment above, plus a separate detached office/residential building. Current income with rental upside and potential gross annual income of approximately $75,600. Detached building can readily transition back to 3-4 bedroom residential home, providing added flexibility. Excellent visibility, strong location and multiple opportunities to enhance income. A rare Riverside Drive investment offering exposure, flexibility, in an established neighbourhood with future upside with new development potential in the immediate area. Minimum 48 hours for showings. L/S must be present for showings. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 56 days across the listings currently for sale in this city
This industrial in Tecumseh has been listed for 36 days, which is 20 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,900, about 9.3× the local median household income of $108,000.
Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 81% above the area median.
Source: Statistics Canada, 2021 Census (FSA N8N)
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