Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
Retail For Sale 100 Trafalgar Road, Erin, Ontario
32

Retail For Sale Active $989,900 100 TRAFALGAR ROAD, erin, Ontario

MLS#: X8334952

RE/MAX ESCARPMENT REALTY INC.
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Summary
Status
Active

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Address
100 TRAFALGAR ROAD, erin, Ontario
Size
3650 sqft
Listing Type
For sale
Property Type
Retail
Commercial Type
n/a

Photos

32

Description

HIGH TRAFFIC, COMMERCIAL INVESTMENT, $6,200 MONTHLY INCOME, 6.4% CAP RATE, AND FULLY RENTED. This prime commercial property, situated on the bustling main thoroughfare of Hillsburgh, represents a stellar investment opportunity. GET IN NOW!! While values are still low, with hundreds of residential homes already approved and underway and hundreds more in the approval process, the population will triple in the next few years, which will only increase an already sound investment. With a secure, long-term anchor tenant on a 15-year lease and 2 fully occupied upstairs residential units, consistent and steady cash flow will be guaranteed, ensuring the prosperity of your investment for years to come. Generating a total monthly income of $6,200 and boasting a cap rate of 6.48%, makes this property a no-brainer for any type of investor. This property is not only financially appealing but has been meticulously updated both structurally and mechanically, with over $150,000 in recent upgrades. The versatility of the C-1 zoning allows for various commercial uses, enhancing its appeal in this high-traffic Trafalgar Road location with ample parking for tenants and customers alike. Additionally, the property includes two updated apartments on the second floor, providing added income potential with little effort and a low vacancy rate due to its popular small-town location. Positioned near a range of amenities including a grocery store, arena, and veterinary clinic, in an area poised for new community developments and population increase, this property offers a unique blend of stability, growth, and convenience, making it a highly attractive option for investors looking to capitalize on Hillsburgh's economic expansion. (id:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City erin
Province Ontario
PostalCode N0B1Z0
Country Canada
Community Name Hillsburgh
Street Address 100 TRAFALGAR ROAD
Property TypeRetail
Transaction TypeFor sale
MLS #X8334952
Ammenities NearByHighway, Recreation
AcreageNo
Land AmenitiesHighway, Recreation
Size Irregular45.46 x 115.47 FT
Property TypeRetail
Size Interior 3650 sqft
Cooling Type Fully air conditioned
Fireplace Present False
Heating Fuel Natural gas
Heating Type Forced air
Price 989900.00
Listing Contract Date 2024-05-13
Lease 0.00
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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