$5,380,000
Available - For Sale
Listing ID: N12066316
23721 Highway 48 N/A , Georgina, L0E 1A0, York


THE TIME IS NOW. To purchase this great Commercial Property on HWY 48 with an excellent exposure and an enormous amount of opportunities for present and future Developments, consisting of 10.65 Acres with 38,234 sq ft of rented space providing an amazing return, with 9 units, and tenants varying from National Coffee Shop to Restaurant, Convenient Store, Gym, Motel , and a significant amount of parking, along with space that could be used for future expansion.Only the property is for sale, none of the businesses or any chattels belonging to the tenants are included in the purchase price. Vendor might consider VTB
Price $5,380,000
Taxes: $34719.00
Tax Type: Annual
Occupancy: Owner+T
Address: 23721 Highway 48 N/A , Georgina, L0E 1A0, York
Postal Code: L0E 1A0
Province/State: York
Legal Description: PT LOT 1 CONCESSION 2 GEORGINA BEING PAR
Directions/Cross Streets: and MILES ROAD
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Category: Highway Commercial
Building Percentage: T
Total Area: 38234.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: Part
Washrooms: 0
Heat Type: Propane Gas
Central Air Conditioning: Yes
Sewers: Septic
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $269,000 $538,000 $807,000 $1,076,000
First Mortgage $5,111,000 $4,842,000 $4,573,000 $4,304,000
CMHC/GE $204,440 $150,102 $128,044 $0
Total Financing $5,315,440 $4,992,102 $4,701,044 $4,304,000
Monthly P&I $26,230.74 $24,635.12 $23,198.8 $21,239.46
Expenses $0 $0 $0 $0
Total Payment $26,230.74 $24,635.12 $23,198.8 $21,239.46
Income Required $983,652.57 $923,817.03 $869,955.08 $796,479.81

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/BAYVIEW REALTY INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Commercial Retail
Area: York
Municipality: Georgina
Neighbourhood: Baldwin
Style:
Lot Size: x 611.70(Feet)
Approximate Age:
Tax: $34,719
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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