$4,599,999
FOR SALE

Multiplex

Lot: 88 x 108 ft

70 Victoria Street E
New Tecumseth (Alliston), ON L9R 1L2

70 Victoria St East Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Levels Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, Full Roof Replacement, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as This Building Has a Fantastic Reputation Within the Community, PLUS its Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Numbers on this Investment Property will Impress. Please Inquire Further for Lease, Income and Expense Numbers (id:47421)
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Listed By CENTURY 21 WENDA ALLEN REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N12019048
Last Updated Mar 25, 2025
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Community Alliston
Price History

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Detailed Information
Lot 88 x 108 ft
Listing Contract Date 2025-03-13
Location Description Victoria St E & Centre St
# of Parking Spaces 20
Property Type Multi-family
Transaction Type For sale
Zoning Description UCC
Business
Business Type Residential
Business Subtype Apartments
Building
Age 31 to 50 years
Cooling Type Fully air conditioned
Heating Fuel Electric
Heating Type Forced air
Size (Exterior) 14625 square feet
Type Multi-Family
Utility Water Municipal water
Land
Total Size Bldg=88 x 108 FT
Size of Irregular Land Bldg=88 x 108 FT

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