$1,650,000 $8,858 est/mo Sourced by Back At You

109 Old Kingston Rd,Ajax, ON L1T 3A6

Ajax ON, L1T 3A6

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Description

This exceptional investment property in Pickering Village presents a unique opportunity. Boasting a well-established German-style restaurant with a 20-year history, it occupies the equivalent of a double unit in a boutique residential/commercial condo complex. The main floor and basement, host the restaurant, while the second floor comprises two separate apartments. Fully leased, totalling 5300 sq ft, the property generates a substantial rental income. This prime location and versatile setup make it a lucrative venture for both commercial and residential purposes. With a proven track record and steady income stream, this property stands as a solid investment in a thriving community. Buyer/Agent To Do Due Diligence For Planned Use/Measurements/Taxes/Condo Fees.

Details

MLS#E8012896
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site122
Listing Provided ByRE/MAX COMMUNITY REALTY INC. | BackAtYou

Features

BasementY
ZoningCommercial
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 29 minutes ago
ProvinceON
CountyAjax
CityAjax
Postal CodeL1T 3A6
AreaDurham
Community NameCentral West
Listing VS Median (in Central West)
Price:
$1,650,000
low | high
Med:
$0
On Site:
122
low | high
Med:
Sourced by Back At You
Listing Updated: April 5, 2024 at 11:23:45 PM PDT