Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

157 Main Street N, Wellington North, ON N0G 2L2 (Birmingham St & Wellington St)
$ 1250000 - MLS : X12766598

From Our Gallery

Description

Excellent investment opportunity in the heart of downtown Mount Forest. This well-maintained and nicely updated mixed-use property offers strong current income with significant upside potential. The building includes two main-floor retail commercial units in a high-visibility downtown location, along with seven residential apartments consisting of four one-bedroom units, two two-bedroom units, and one studio apartment. The property benefits from plenty of on-site parking, and two additional storage buildings on the site provide excellent potential for further development, expansion, or additional revenue streams. With opportunities to improve operating efficiencies and increase rental income over time, this property represents a solid value-add investment. Ideal for investors seeking a stable return with long-term growth potential in a prime downtown setting.

Location Description

Birmingham St & Wellington St

Property Detail

Community: Mount Forest
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 7983.28

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Baseboard
Sewer : Sanitary+Storm ,

Listing Contracted With: Keller Williams Home Group Realty

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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