11 January,2025
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Canadian Mortgages

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$2,900,000
Available - For Sale
Listing ID: X8417896
Welcome to an exceptional opportunity to invest in the heart of a bustling Main Street community. This property offers not one, but two storefronts, each with its own unique appeal . A thriving restaurant and a charming pottery studio. Adjacent to the restaurant is a pottery studio. Step upstairs to discover five newly renovated apartments, each meticulously designed to offer modern comfort and style. These thoughtfully crafted living spaces feature contemporary finishes, spacious layouts, and an abundance of natural light, creating an inviting retreat for residents to call home. Tucked away in the rear of the property is a standalone hair salon, where clients can indulge in a range of beauty services and treatments. A spacious storage shed on the property provides ample space for storing supplies, equipment, or inventory, ensuring that everything you need is conveniently within reach. With long-term leases in place and excellent tenants already established, this property presents a lucrative investment opportunity for savvy investors seeking stable income and potential for growth. Don't miss your chance to own a piece of Main Street history and become a part of this vibrant community.********* Upgrades include: All new windows 2021. All new heat pumps 2018-2021. New structural beams approved by a structural engineer. Updated furnace. Financials and rental details available upon request. **********
Price $2,900,000
Taxes: $8,559
Tax Type: Annual
Occupancy by: Own+Ten
Address: 279-281 Main St , Prince Edward County, K0K 2T0, Ontario
Postal Code: K0K 2T0
Province/State: Ontario
Legal Description: See legal descriptions in remarks below
Lot Size: 57.11 x 218.64 (Feet)
Directions/Cross Streets: Picton Main Street and Bridge Street
Zoning: Core Commercial
Category: Multi-Use
Use: Other
Building Percentage: N
Total Area: 9,900
Total Area Code:  Sq Ft
Office/Appartment Area: 60
Office/Appartment Area Code: %
Retail Area: 40
Retail Area Code: %
Sprinklers: Y
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CHESTNUT PARK REAL ESTATE LIMITED

279-281 Main St , Prince Edward County, K0K 2T0, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
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416-981-7184

 
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Type: Com - Commercial/Retail
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton
Style:
Lot Size: 57.11 x 218.64(Feet)
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Tax: $8,559
Maintenance Fee: $0
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Maria Tompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Office Address : 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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