REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment /mo
Price Dropped by $90K
4570 Penetanguishene RD Springwater, ON L0L 1V0
4,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $250
Subdivision Hillsdale
MLS Listing ID S12094014
Annual Tax Amount $5,062
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor, Renovations Completed on Commercial Units, Tenants Pay TMI and Utilities, Ample Parking for a dozen or more vehicles, Access Also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Furnace Replaced In 2018 (Rental). Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 93. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more.
Location
Province ON
County Simcoe
Community Hillsdale
Area Simcoe
Zoning General Commercial (Cg)
Interior
Cooling No
Inclusions Snow removal and insurance paid for 2025-2026.
Exterior
Utilities Available Available
Lot Frontage 66.0
Lot Depth 164.7
Others
Security Features No
ParcelsYN No
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE