(17,717 sq ft)
Prime lakeside investment & development opportunity welcome to 1445 & 1453 st. Margarets bay road (pid #00347930 & #40816944), offering a combined 28,717 sq. Ft. Of land in a highly desirable location. The property features a 2,500 sq. Ft. Building in excellent condition, fully leased to canada post on a net rent basis—with the tenant covering all operating costs and property taxes. This means stable, hassle-free income from a secure national tenant. Beyond its current income stream, this site offers exceptional development potential. With as-of-right zoning for up to a 30,000 sq. Ft building., the c2 zoning permits a wide variety of commercial and residential uses, making it ideal for mixed-use, retail, office, or residential projects. Perfectly positioned just 2 km from bayers lake, this lakeside property combines strong existing revenue with incredible future growth potential—an opportunity not to be missed for investors and developers alike.
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| income | ||
| Gross Income | 77,000 |  |
| EXPENSES | ||
| Insurance | Owner | |
| Heating | Tenant | |
| Int Maintenance | Tenant | |
| Ext Maintenance | Tenant | |
| Structural Maint | Tenant | |
| Electricity | Tenant | |
| Business Tax | Tenant | |
| Property Tax | Tenant | |
| Water | Tenant | |
| Total Expenses | 21,000 | |
| Summary | ||
| Net Income | 56,000 | |