Erin, Hillsburgh, N0B 1Z0
$999,900
Listed by RE/MAX ESCARPMENT REALTY INC. BROKERAGE.
Fantastic investment property listed below market value! Substantial upgrades have been made to the entire building making it move-in ready. This is your opportunity to jump into a growing community with massive development projects planned for the area. Run your own business on the main foor, live above in one of the two apartments or rent it all and let your income cover your costs of ownership. This property is in a prime location, situated in a high-traffic area with excellent visibility and accessibility with ample customer and tenant parking. The property is zoned C-1 and includes a ground foor commercial space currently set up as a restaurant/culinary studio operated by Chopped Canada Winner Chef Pam Fanjoy, with lots of space for customers as well as hosting events. The space is highly visible, with large windows that allow plenty of natural light and offer a great opportunity for advertising and branding. Being on the main throughway for daily commuters and cottage goers
alike and surrounded by a variety of amenities, this location is an ideal investment opportunity, with the potential for steady income and longterm growth. Two apartments on the second foor have been updated and are ready for your tenants.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 7 times before. To view this property's sale price history please sign in or register: