17300 Simcoe Street N, Scugog, ON L9L 1B2

$1,800,000
1
BA

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Property Description

Great investment opportunity: C6 Zoning allows Residential and Automotive repairs or Trade services. Plumber, Electrician, Carpenter ,Roofer etc.(House and shop included in the price)- Almost an acre of land (.84) with 32 parking spots. Shop has 4 offices, 2 washrooms, 30 parking spots and 3 shop doors. Building has it's own well and septic and separate hydro. Shop is fenced and has it's own extra wide commercial driveway. Currently being used as National auto parts distribution center. Extra large Residential bungalow (1730 Sqft) is included in price.( see Residential listing)Bungalow has 4 Bedrooms, 4 washrooms, 2 kitchens with separate entrance to in-law suite. Home has it's own well, septic and hydro. House and Shop rented separately for a total of $10,900 monthly. Tenants pay own Hydro individually. Great tenants willing to stay after their lease expires. Over 200k spent on upgrades and improvements. Investors can possibly demolish Shop and rebuild a modern income machine.

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Listing courtesy of VERTICAL MARKETING REALTY.