Price
$1,149,000
BedroomsNot listed
Bathrooms2 Baths
Size8116 sqft
Year BuiltNot listed
Property TypeCommercial
Property Taxes$12984
Maintenance FeesNot listed
Situated off the high-traffic intersection of Simcoe Street and Scugog Street, this beautifully maintained commercial property offers outstanding visibility and exposure. Located directly across from a busy Tim Hortons drive-through and three gas stations, the site benefits from a constant flow of local, commuter and tourist traffic, an ideal environment for business success. Zoned C5-1, the property is perfectly suited for a professional office, retail business, or other permitted commercial uses. Independent entrances to all three levels open the door to versatile multi-unit possibilities. Bonus hidden attic space, access via stairs in upstairs bathroom, could be finished to utilize a 4th level. The buildings exterior charm and landscaping reflects the character of Port Perrys quaint older homes, while its modernized interior offers the comfort, efficiency, and functionality todays businesses demand. With 8 on-site parking spaces and the option to purchase the adjacent vacant lot (MLS E12341187 -25 Wilbur Ave) currently used for overflow parking, this property offers flexibility and growth potential. The additional lot is zoned C5, allowing for a broad range of permitted uses, making it an excellent asset for future expansion or investment. Whether you're establishing a flagship location, relocating, or investing, this is a rare opportunity to secure a high-profile property in one of Port Perrys commercial corridors. The current exisiting business is relocating locally. Floorplans and additional video under multimedia link.
Total Monthly Payment
$5,210 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$919,200
Total Interest Payments
$566,743
Total Payment (Principal + Interest)
$1,485,943
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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