6437 14th Line Sold 5 months ago

New Tecumseth, Rural New Tecumseth, L9R 1V4

$1,249,900$000000

Description

Listed by RE/MAX HALLMARK CHAY REALTY.

ATTENTION INVESTORS! Lucrative opportunity to add to your real estate portfolio! Currently rented to a triple A tenant, Veterinary Clinic with a 5+5 yr renewal option. Tenant rents the house only, buyers can use the 1200 sq ft workshop for their own personal use. Current rental income is $84,000 per annum until Dec 31, 2026, then increasing to $91,500 for 1st renewal, and then $99,000 for 2nd renewal term. Tenant pays all property taxes, utilities, maintenance of house inside and exterior. Lot size is approx 1.48 Acres. Nicely located on the edge of Alliston, easy access to Industrial Parkway bi-pass. Excellent investment to park your money with minimal risk.

Include: elfs, washer, dryer, stove, fridges, chest freezer, 2 furnaces in house, 1 in shop.

Location

View Map
  • Address: 6437 14th Line
  • Neighborhood: Rural New Tecumseth
  • City: New Tecumseth
  • State: Ontario
  • Postal Code: L9R 1V4

Property Details

  • Property ID: N6728620
  • Property Price: $1,249,900
  • Style: Detached, 2-Storey
  • Sq/Ft: 2000-2500
  • Rooms: 8+2
  • Bedrooms: 4
  • Bath: 4
  • Parking Spaces: 20
  • Year Built: 31-50
  • A/C: Central Air
  • Basement: Finished
  • Den: Y
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Pool: Indoor
  • Taxes: $6,781.76 (2023)
  • Acreage: .50-1.99 Acres
  • Lot: 201.00x281.00 (Feet) - Irregular

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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 370 - 0992

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