For Sale

70 Victoria Street, New Tecumseth, Ontario L9R 1L2

$0

70 Victoria Street, New Tecumseth, Ontario L9R 1L2 is For Sale and has a listing price of 4,349,999. The property is located in the New Tecumseth neighbourhood . It's been on the website for 170 Days.

  • Investment
    Property Type
  • 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

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: N12019048
  • Price: $4,349,999
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 108
  • Ref ID: N12019048
  • Dir / Cross St: Victoria St E & Centre St
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
03/14/2025 N12019048 $4,599,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Tecumseth
  • $1,114,656 Average List Price
    based on 1 year
  • 227 New Listings
    based on 30 days
  • 72 Median Days on Market
    based on 1 year
  • List vs. Selling Price 140.67 % Up
  • Sold (12mo) 620
  • Rented (12mo) 166

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    81.84%
  • Commercial
    6.74%
  • Condo
    11.18%
  • Land for Sale
    0.25%
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Parking Spaces: 20
  • Taxes: $14,056
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 14/03/2025 13:52:09
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