Situated on Nanton’s vibrant and charismatic Main Street, this multi-use heritage building was substantially renovated in 2015. The residential aspect of this beautiful building consists of a one bedroom loft style apartment (1,173.77 sq ft)-operating as an Airbnb business.. A striking space with endless windows, designed to take in the tree top view and having two half baths, a shower room and a large, modern kitchen with six seat diner-style bar. The two bed + den apartment (1,131.91 sq ft)-Owner occupied, has the most incredible heated hardwood floor.. There’s an expansive monochrome kitchen with induction cooktop, professional grade extraction, integrated convection oven and dishwasher, alongside well proportioned counter space. The primary bedroom is en-suite and features double sinks double showers, a bubble jet tub and a Japanese toilet. Both apartments have an abundance of real plants in the purpose-built planters. They share and look onto an incredible split level rooftop terrace of 825 sq ft. The terrace is a garden in the sky with its own well established trees and plants. Its sunken/hidden nature keeps it protected from the wind and as such, is private and secluded. These apartments have been design-led and truly have to be seen to be appreciated! In its current configuration, the commercial spaces are one retail unit at approx 1,000 sq ft (operating as a coffee shop) and another of approximately 3,800 sq ft (operating as a mini mall of boutique shops). These spaces benefit from having many original features retained, such as brick, hardwood floors and even a bank vault! With generous ceiling heights, good lighting (both natural and artificial) and modern electrical systems. There is a poured concrete basement of approximately 2,400 sq ft. It offers a large open storage area as well as an office, a washroom and additional storage spaces. A loading bay at the rear of the building and two off-street spaces with plug-ins means practicality for many business types. The majority of the HVAC, electrical and plumbing was renewed during the 2015 renovation. There are 400 Amps at service entry with 100 Amp sub panels throughout the building. Total Gross income 86,000$ with NOI of 61,000$ (Cap rate 7.25%) which can be substantiated for serious buyers (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
5
Lot
15.24 x 36.6 m
Amenities Nearby
Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping
Community Features
Golf Course Development
Features
No Animal Home, No Smoking Home
Listing Contract Date
2024-09-28
Municipal ID
0012825346
Ownership Type
Freehold
# of Parking Spaces
2
Plan
4362I
Property Type
Single Family
Transaction Type
For sale
Zoning Description
C1
Building
Appliances
Washer, Refrigerator, Wine Fridge, Oven
Constructed Date
1924
Construction Material
Wood frame
Construction Style (Attachment)
Attached
Cooling Type
None
Exterior Finish
Brick
Flooring Type
Hardwood
Foundation Type
Poured Concrete
# of Half Bathrooms
3
Heating Type
Forced air, In Floor Heating
Total Finished Area
2305.68 sqft
Type
Apartment
Rooms
Room
Level
Dimensions
Notes
5pc Bathroom
Main level
11.33 Ft x 6.00 Ft
3pc Bathroom
Main level
8.00 Ft x 3.00 Ft
Other
Main level
4.58 Ft x 3.00 Ft
Living room
Main level
9.17 Ft x 9.08 Ft
Dining room
Main level
15.00 Ft x 11.33 Ft
Kitchen
Main level
19.00 Ft x 11.17 Ft
Office
Main level
10.00 Ft x 9.25 Ft
Primary Bedroom
Main level
13.33 Ft x 12.00 Ft
Bedroom
Main level
9.58 Ft x 9.25 Ft
Furnace
Main level
3.00 Ft x 2.83 Ft
2pc Bathroom
Main level
5.50 Ft x 4.33 Ft
2pc Bathroom
Main level
5.50 Ft x 4.33 Ft
2pc Bathroom
Main level
12.00 Ft x 6.00 Ft
Other
Main level
19.08 Ft x 4.00 Ft
Living room
Main level
16.33 Ft x 16.33 Ft
Dining room
Main level
13.42 Ft x 8.25 Ft
Kitchen
Main level
15.83 Ft x 15.17 Ft
Primary Bedroom
Main level
13.33 Ft x 8.00 Ft
Parking Spaces
Name
Spaces
Other
Land
Total Size
6003.89 square feet
Amenities
Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping
Size of Irregular Land
6003.89
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