For Sale

70 Victoria Street, New Tecumseth (Alliston), Ontario L9R1L2

$4,599,999

70 Victoria Street, New Tecumseth (Alliston), Ontario L9R1L2 is For Sale and has a listing price of 4,599,999. The property is located in the New Tecumseth neighbourhood. It's been on the website for 56 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 20
    Parking Spaces
  • MLS ID: N12019048
  • Office Name CENTURY 21 WENDA ALLEN REALTY
Property Description

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:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: N12019048
  • Price: $4,599,999
  • Transaction Types: For Sale
  • Ref ID: 28024084
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Tecumseth
  • $1,150,008 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 73 Median Days on Market
    based on 1 year
  • List vs. Selling Price 139.57 % Up
  • Sold (12mo) 494
  • Rented (12mo) 131

  • 1 Month Change -71.8%
  • 3 Month Change -74.0%
  • 6 Month Change -78.5%
Walkscore
Property Type Distribution
  • All Houses
    83.8%
  • Commercial
    6.94%
  • Condo
    8.9%
  • Land for Sale
    0.36%
Additional Details
  • Heat Source Electric
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 20
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/03/2025 00:00:00
  • Zoning C1-a-h
  • Agent Name: MARK MICHEAL SHAVER
  • Last Updated: 14/03/2025 19:04:29
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