Property Information:

70 Victoria St E Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Level Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, All Rooftop Units Replaced, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as this Building has a Fantastic Reputation Within the Community, PLUS it's Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Number on this Investment Property will Impress. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 14625 sqft
Heating Type: Forced air, Forced air
Heating Fuel: Electric, Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Multi-family
Floor Space (approx): 14625 Square Feet
Irregular: Yes
Lot Depth: 108 Feet
Lot Frontage: 88 Feet
Lot Size: Bldg=88 x 108 FT
Zoning: UCC
No. of Parking Spaces: 20

Courtesy of: CENTURY 21 WENDA ALLEN REALTY

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Demographic Information of 70 VICTORIA STREET E, New Tecumseth, Ontario, L9R 1R2

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$112,244.38

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.13 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

5.87 %

College/non-university certificate

24.65 %

University certificate (below bachelor)

0.54 %

University Degree

15.7 %

Commuter

Travel To Work

By Car

90.31 %

By Public Transit

0.0 %

By Walking

9.55 %

By Bicycle

0.14 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.86 %

Houses

71.14 %

70 VICTORIA STREET E, New Tecumseth, Ontario, L9R 1R2