229 Broadway Ave

Orangeville, Orangeville

MLS®: W5241148

18200.00 sqft

$6,000,000

1 week ago

Viewed 7 times

For Sale

Description

Calling All Investors!! Fabulous Opportunity To Own A Premier Building With 225 Ft Exposure On Broadway. Approximately 18,200 Sq.Ft.Of Prestige Office/Multi Use Space In The Downtown Core Of Orangeville. Currently Zoned Cbd (Central Business District). The Property Is Comprised Of Two Separate Lots, 229 Broadway Which Holds The Building And Some Parking As Well As A Separately Deeded Parcel At 22 Zina St Which Has Been Repurposed As Gated Parking.

Extra

Building Is Currently Fully Leased With 11 Individual Tenants And Generates A Cap Of 5%+. Equally As Important Is The Huge Development Potential As Orangeville Has The Zoning Amended To Allow A 7 Storey Mixed Use Condo.

Key Facts

  • Taxes: $71003
  • MLS#: W5241148
  • Price: $6,000,000
  • Status: Sale
  • Type: Investment
  • Style: n/a
  • Size: 18200.00
  • Updated: 2021-06-08 12:36:19.0
  • Year Built: n/a

Property

  • Type: Investment

Commercial General

  • Depth: 0.00
  • Lot Front: 225.00
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Lot
  • Lot Size Code: Feet
  • Air Conditioning: Y
  • Garage: None
  • Heating: Gas Forced Air Closd
  • Possession Date: 90 Days
  • Seller Property Info Statement: N
  • Zoning: Central Business Dis
  • Type: U.
  • Taxes: $71003
  • Tax Year: 2020
  • Freestanding: Y
  • Legal Description: Lt 9 To 12 & Pt Lts 8 & 13, Blk 1, Pl 212 ****
  • Office/Apt Area: 60
  • Office/Apt Area Code: %
  • Category: Office
  • Retail Area: 40
  • Retail Area Code: %
  • Total Area: 18200.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Orig lp cd: For Sale

Price History

Updated Price Event
$6,000,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 08 Jun, 2021. Days On Market: 8 Days

Listing By: ROYAL LEPAGE RCR REALTY, BROKERAGE Information Updated: 2021-06-08 12:36:19.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

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Brampton, ON, L7A 0S9
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