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MLS® X12435379
Wellington North, ON
Amazing Investment Opportunity! This mixed-use property features seven (7) refreshed residential units and a main floor commercial space that is already leased out to a Restaurant (restaurant business not included in sale), ensuring immediate rental income. A bottle and can return business contracted with the Beer Store adds another steady revenue stream. Recent upgrades include a new roof (2023), newer windows (2020/2023), front aluminum fascia (2023), new electrical on the upper floor (2023), and updated fire alarms (2023). The upper floor has been enhanced with new tiles and luxury waterproof vinyl flooring, while kitchens have been modernized with updated cabinets, quartz countertops, and quartz backsplash. Bathrooms have also been updated, providing a fresh and stylish finish throughout. Additional features include Wi-Fi extenders, security cameras, and exterior lighting for safety and convenience. The property also offers ample parking at the rear for both tenants and customers, as well as an on-site coin laundry and dryer. With multiple income streams and significant recent capital improvements, this property is a true turn-key investment you wont want to miss!
Inclusions
Both Hot water Tanks and one water Softener are Owned, Coin Washer (1) and Dryer (1), Camera System for 2nd Level, wifi Extenders 2nd level only, 7 TV's 2nd Floor rooms, 7 Keyless and Coded Access for rooms, new shades in all rooms, 7 Fridges, 7 Stoves, 7 Microwaves, 8 mirrors.
Exclusions
All restaurant equipment, Tables, Chairs, Lighting, Tv's, Speakers, belong to Tipsy Fox, Chattels list to be provided
Broker
RE/MAX EXCELLENCE REAL ESTATE
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Commercial Retail
257 N george Street Wellington North
Wellington North
Type
Commercial Retail
Parking
None
Property Tax
~$15,923/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
8530 sqft
Parking
None
Finances
List Price
$2,499,900
Price per SQFT
$293/sqft
Property Tax
~$15,923/yr
Property Specs
Property Type
Commercial Retail
MLS Size
8530 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Wellington North
Listed On
Sep 30, 2025
Days on Market
Current: 403 days
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