All photos · 17
23721 Highway 48 N/A, Georgina, ON L0E 1A0
$5,888,000
Beds
n/a
Baths
n/a
Type
Commercial
About this home
A Great Commercial Opportunity on Highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin Plaza consist of 10.65 Acres with 38.234 sq. ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from National Coffee Shop to Restaurants, Convenient Store, Gym, Motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft Motel Business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price.
Heating
- · Propane Gas
Cooling
- · Yes
What it could cost monthly
Estimated monthly
$26,963
Principal & interest, per month
- Mortgage amount
- $4,710,400
- Down payment
- $1,177,600
- Total interest paid
- $3,378,588
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.
Each office independently owned and operated.