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60 QUEEN STREET S, New Tecumseth (Tottenham), Ontario

$1,499,900

6,300 sq ft

MLS® N14141124

Prime mixed-use investment property in downtown Tottenham featuring five residential apartments and one commercial unit currently operating as a barber shop. Generating approximately $9,849 in gross monthly rental income ($118,188 annually). Features include 10 parking spaces, a private driveway and a basement. The majority of the building is heated by a central gas heating system, with only two apartments using electric baseboard heating. Utilities include two water meters, three hydro meters and one gas meter. Excellent exposure on Queen Street South, within walking distance of shops, restaurants and local amenities. Great investment opportunity with both residential and commercial rental potential. (id:56426)

RANJIT SINGH SANDHU

Listed by ROYAL CANADIAN REALTY

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
22,355
Median household income
$91,346
Median home value
$708,461
Owner-occupied
80%
Homes for sale
189
Median list price
$757,400

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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