This is a rare opportunity located right on the main street in Lancaster. The 8-unit building offers 7 spacious residential units and 1 commercial unit. 5x 2Bedroom units and 2x 1Bedroom units. The beautifully updated commercial space presents a world of possibilities, and the residential units offer plenty of upside for increased income. Enjoy strong cash flow and a prime location. The building is located in a high-traffic area with excellent visibility, making it ideal for a variety of businesses. The residential units are in high demand due to their prime location and affordable rent, and the property is well-maintained and has been updated with modern amenities. Don't miss out on this rare opportunity to acquire a high-performing investment property in a desirable location. (id:374)
MLS# | 1414708 |
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Listing Type | For Sale |
Status | Active |
Year | 1905 |
Days On Site | 18 |
Listing Provided By | CENTURY 21 SHIELD REALTY LTD. | Matthew Girgis |
Story(s) | 3 |
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Units | 8 |
Zoning | 724 |
Province | ON |
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City | Lancaster |
Postal Code | K0C1N0 |
Listing VS Median (in K0C1N0) | |
Price: $849,900 low | high Med: $385,000 On Site: 18 low | high Med: 18.000000 |