Price
$4,449,000
BedroomsNot listed
BathroomsNot listed
Size32770 sqft
Year BuiltNot listed
Property TypeCommercial
Property Taxes$80,113.21
Prime Commercial Investment Opportunity in Downtown Port Perry! Discover an unparalleled investment prospect in the bustling heart of historic Port Perry. This expansive property combines three parcels into a single offering, featuring approximately 32,770 sq. ft. of land with dual road frontages66 feet on Mary Street and 132 feet on Casimir Street. Zoned C3, the property is ideally positioned for a variety of commercial uses, making it a versatile addition to any portfolio.The site includes two modern, mixed-use buildings (2 and 3 storeys), a single-storey retail building, and two converted century dwellings currently used for retail space. With current leasing opportunities, investors can tap into immediate income streams while also exploring the tremendous development potential due to the sheer size and prime location. Just steps away from high-traffic tourist destinations, this site offers unmatched visibility and growth potential in one of the regions most sought-after commercial zones. **** EXTRAS **** Walking distance to Port Perry's scenic waterfront, ample parking for both tenants and visitors, and an attractive opportunity for even the most discerning investor. (id:39198)
The listing brokerage and/or agent is RE/MAX HALLMARK FIRST GROUP REALTY LTD.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$22,659 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,559,200
Total Interest Payments
$2,194,464
Total Payment (Principal + Interest)
$5,753,664
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.