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Last Updated : 262 Days ago
16 Gore St E, Perth, Ontario,
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16 Gore St E, Perth MLS Number: X6728208

Perth, Lanark, ON, K7H 1H5

$XXX,XXX

Status: OFF MARKET

  • Property Type: Commercial (Commercial)
  • Property Taxes : $22896.00 (Tax Year:2022)
  • Listing Courtesy : Non-Trreb Board Office

16 Gore St E Property Description

FULLY OCCUPIED FOURTEEN-UNIT INCOME PROPERTY INCLUDES 3 COMMERCIAL RETAIL UNITS PLUS 11 RESIDENTIAL APARTMENTS. THIS AN INCREDIBLE OPPORTUNIY FOR A VALUE-ADD INVESOTR THAT APPRECIATES UNDERPERFORMING ASSETS AND KNOWS HOW TO MAKE THE NECESSARY RENOVATIONS AND CYCLE OUT TENANTS TO RAISE RENTS TO A MARKET VALUE. RESIDENTIAL RENTS ARE CURRENTLY 50% BELOW MARKET VALUE AND COMMERCIAL RENTS ARE 30% BELOW MARKET VALUE. LOTS OF UPSIDE FOR A SOPHISTICATED INVESTOR WHO WILL ACTUALIZE THE MBEDDE DEQUITY TO INCREASE THE VALUE OF THE PROPERTY BY MORE THAN $2000000. ALL UNITS ARE SEPARATELY METERE DFOR HYDRO. COMMERCIAL TENANTS ALSO PAY FOR HEAT AND WATER. INCLUDES 12 PARKING SPACES. NO ON-SITE LAUNDRY. TWO TANKLESS WATER BOULERS WERE INSTALLED 3 AND 7 YEARS AGO. TWO HOT WATER TANKS SERVICE THE BUILDING & ARE LESS THAN FIVE YEARS OLD.

16 Gore St E Property Facts

Property Type :Commercial
MLS Number :X6728208
Listing Type :Sale
Possession Date :
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Last Updated :09 Aug, 2023 (262 Days ago)
Property Age :51-99 years
Area :Lanark
Postal Code : K7H 1H5
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Source :TRREB

16 Gore St E Property Price & Tax Insights

Price :$1,599,000
Property Taxes :$22896.00
Tax Year :2022

Property Details for 16 Gore St E, Lanark, Ontario

Cross Street :Unknown
Fireplace/Stove :No

16 Gore St E, Lanark - Price History

2023-08

09 Aug, 2023

TREB #X6728208

Available

$1599000.0

About 16 Gore St E, Lanark

16 Gore St E is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 16 Gore St E with a highly strategic location at the K7H 1H5 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.

16 Gore St E offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X6728208 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 22896.00 and an attractive 1,599,000 while getting several vibrant benefits at the same time.

This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and K7H 1H5. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and None for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Unknown. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.

You can check out several attractive $7,995 available on the 1,599,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $7,995 and other attractive incentives for buying this Commercial in Ontario and at K7H 1H5. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X6728208 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.

Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 16 Gore St E promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at K7H 1H5 and you will find a value addition at 16 Gore St E by all means.

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16 Gore St E - Location Map and Landmarks

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