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4 Mountainview Road S Halton Hills (Georgetown), Ontario L7G 4J9

2 Bathroom 2317 sqft
Fully Air Conditioned Forced Air

$1,399,000

Prime Investment Opportunity in Georgetown - This detached commercial property, located on a 60 x 185+/- ft lot, offers a solid investment opportunity in the growing Georgetown area. With a long-term, stable tenant in place since 2022, the property is under a Triple Net lease at a 5.2% cap rate. The current lease is for five years with two additional five-year renewal options, ensuring reliable passive income. Boasting 2,300 +/- sq. ft. of well-maintained lease space, the building is in excellent condition, with recent upgrades including two new HVAC units in 2023 and a roof replacement in 2020. The property is conveniently located with great visibility from Guelph St (Hwy 7) and Mountainview Road S, offering easy access and prominent exposure. Paved parking is available both in front and at the rear of the building. The property is zoned GNC3, allowing for a variety of future uses, adding further value for long-term growth potential. A 2015 survey is available for review. Please Do Not approach tenants or their employees. All showings must be scheduled by appointment only. (id:49187)

Property Details

MLS® Number W12175953
Property Type Office
Community Name Georgetown
Amenities Near By Highway
Features Irregular Lot Size
Parking Space Total 10

Building

Bathroom Total 2
Age 51 To 99 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2317 Sqft
Type Offices
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Depth 185 Ft ,7 In
Size Frontage 60 Ft
Size Irregular 60.08 X 185.61 Ft ; West 50.07 Ft And North 220.61 Ft
Size Total Text 60.08 X 185.61 Ft ; West 50.07 Ft And North 220.61 Ft
Zoning Description Gnc3 [h]

https://www.realtor.ca/real-estate/28372470/4-mountainview-road-s-halton-hills-georgetown-georgetown

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