8 Highway No 20 Rd W
Pelham, L0S1E6
For Sale
$1,499,000
➧
➧
Store With Apt/Office
CATEGORY3,553 Sq Ft
TOTAL AREAX11881085
MLSIDContact Us
Property Description
This beautifully restored two-story building in the heart of Fonthill's vibrant and thriving town centre offers a rare opportunity to own a fully turn-key, fully leased property in a high-traffic location. With 3,331 ft of meticulously engineered and redesigned space, this property seamlessly blends modern upgrades with historic charm, making it a standout asset for investors or owner-occupiers. The main floor features a versatile commercial/retail space with exposed original wood beams, providing character and charm, while offering high visibility on a bustling streetperfect for retail, office, service or medical uses. The second floor houses three fully rebuilt and renovated residential units, all designed to meet modern building codes. These units include two spacious two-bedroom apartments and one cozy one-bedroom apartment, each boasting high-quality finishes and updated systems, making them move-in ready. The building is fully leased, generating excellent cash flow and a healthy cap rate, ensuring strong and consistent rental income. This property is perfect for investors seeking stable returns or business owners looking for a live-work option. Situated on a vibrant, high-traffic street with excellent exposure, this turn-key building offers endless possibilities. Whether youre moving in your business while benefiting from residential tenant income or adding this gem to your investment portfolio, this is an opportunity you won't want to miss out on.
Call
Property Details
Category
Store With Apt/Office
Zoning
Main Street
Total Area
3,553 Sq Ft
Office/Apartment Area
1,814 Sq Ft
Retail Area
1,739 Sq Ft
Lot Size
65' x 170'
Taxes
$6,616 (2024)
Air Conditioning
Yes
Call
Listing contracted with Royal Lepage Nrc Realty
Similar Listings
Welcome to 406-410 Canboro Road! This exceptional wooded property spans nearly 6 acres and is just steps away from the charming town center of Ridgeville, with Fonthill and its array of amenities only a short drive away. The estate features a 3-bedroom, 1-bathroom main house, a spacious two-storey barn, a second residence, and an additional building that includes a storefront, an upper-level apartment, and a rear barn. With its unique blend of structures and prime location, this property offers endless possibilities. Dont miss your chance to explore this one-of-a-kind opportunitybook your showing today!
Call
Call