Three Unit Investment Opportunity In The Heart Of Downtown Tottenham! Rare Downtown Core Zone (DTC) property offering flexibility for investors, entrepreneurs, multi-generational families, or buyers looking to live in one unit while generating rental income from the others in the future. Current gross rental income of approximately $47,400 annually. Attractive opportunity with three self-contained residential units and permitted zoning uses including office, retail, food, health spaces, B&B and more.
Beautiful brick row house with charming architectural character and detailed front facade, all within walking distance to downtown shops, restaurants, parks and amenities. Convenient location close to Alliston and Honda Canada Manufacturing. Flat roof redone in 2015. Please note: no on-site parking included. On-street and nearby municipal parking available.
Main Floor Unit: One bedroom suite featuring high ceilings, spacious living room, updated 3-piece bath, eat-in kitchen with oak cabinetry and walkout to rear building access. Shared forced air furnace with basement unit.
Second Floor Unit: Bright two bedroom suite recently renovated with new hardwood flooring, large windows, eat-in kitchen, living room, 4-piece bath, ensuite laundry and separate electric baseboard heating.
Basement Unit: One bedroom suite with large living area, updated kitchen, updated 5-piece bath and ensuite laundry. Shared forced air furnace with main floor unit.
Excellent opportunity for investors seeking strong income potential and mixed-use flexibility in Tottenham’s growing downtown core. Photos have been digitally altered/staged in part to remove tenant possessions and improve marketing presentation.
MLS Description
Three unit Investment Income Property In Downtown Tottenham. Downtown Core Zone (DTC). Two Story Row House With Three Separate units. Zoning Uses Allowed: B&B; office, retail, food, heath spaces; plus more. Ground Floor: vacant, One Bedroom With High Ceilings, Large Living Room, updated 3Pc Bath, Eatin Kitchen with oak cabinets & Walkout to rear of building, shared forced air furnace with basement. 2nd Floor: Vacant. Two Bedrooms, Eatin Kitchen, Living Room, 4Pc Bath, ensuite laundry, electric baseboard heat, bright space with large windows. Basement: vacant, One Bedroom With Large Living Area, updated Kitchen, updated 5Pc Bath, ensuite laundry, shared forced air furnace with main floor. Beautiful Brick Front exterior Facade With Lots Of Details. Walking Distance To All Downtown Amenities. Flat roof redone in 2015.
General Information
Property Type
Investment
Community
Tottenham
Land Size
Frontage - 22.66
Depth - 48
Details
Total Parking Spaces
0
Building
Sales Representative
New Tecumseth
New Tecumseth is a unique municipality, consisting of the three vibrant communities of Alliston, Beeton and Tottenham. Discover small town charm, natural beauty and a healthy environment in a beautiful rural area.
New Tecumseth home to some of the best festivals in Ontario with Alliston’s Potato Festival, the Beeton Honey and Garden Festival and the Bluegrass Festival in Tottenham, all of which draw visitors from around the world.
Ideally located close to major city centres, this area is poised for growth, attracting substantial new business and financial investment over the past couple of decades.
Come and see why the communities of New Tecumseth are considered friendly and inviting, and are amongst the best places to live in Canada.
https://homeania.com/communities/ontario/new-tecumseth
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