27 Main St Brighton, Ontario K0K 1H0
$1,149,000
Discover an extraordinary turn-key investment in downtown Brighton, offering a compelling 6% cap rate and high-quality tenants. The current owner's substantial investments have transformed this beautiful building into a standout gem within the downtown core, maximizing its appeal and significantly enhancing leasing potential. Occupied by a high-paying tenant under a long-term lease, the spacious commercial storefront ensures a stable income stream. Additionally, the second and third floors house four meticulously maintained apartment units. Among them are two one-bedroom, one-bathroom units and two two-bedroom units with one bathroom and ensuite laundry, a highly attractive feature for tenants. Perfectly positioned at the center of downtown, this property provides convenient access to a myriad of amenities, making it even more appealing to tenants. It offers five parking spots and easy access to the 401, further adding to its allure.**** EXTRAS **** Don't miss this ready-made investment property w/ exceptional returns & zero upfront maintenance requirements. Seize the opportunity you've been waiting for! (id:26892)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X6716342 |
| Property Type | Multi-family |
| Community Name | Brighton |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 4,140 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 25 X 199 Ft |
| Size Total Text | 25 X 199 Ft |
https://www.realtor.ca/real-estate/25908069/27-main-st-brighton-brighton
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October 19 2023 08:29:32
Toronto Real Estate Board
RE/MAX Hallmark First Group Realty Ltd.