204369 Dufferin 109 Road Amaranth, Ontario L9W 0T5

$1,299,900

Outstanding Investment Opportunity Just 5 Minutes from Orangeville! This prime 1.01-acre corner property with C2 Highway Commercial zoning offers exceptional income potential with an estimated 10% cap rate and diverse array of permitted uses. Ideal for investors or owner/operators seeking strong cash flow and versatility. The property features two self-contained 2- bedroom apartments with 1 washroom each, providing steady rental income or convenient on-site living. Also auto mechanic garage includes 2 bays, office, washroom, and optional equipment (2 hoists, wheel alignment machine, air compressor, some tools etc.). A restaurant with kitchen, dining area, and two washrooms offers opportunity for an additional income stream or owner-use potential. Two separate septic systems (for apartments and restaurant) and a drilled well. C2 Zoning permits multiple uses such as vehicle repair, gas bar, restaurant, retail, office, greenhouse, storage facility, hotel/ motel, or recreation. Clean Phase 2 Environmental Report (2017) available. A rare chance to own a versatile, income-generating property in a high-traffic location near Orangeville ideal for investors, entrepreneurs, or developers. Don't miss this opportunity! (id:60365)

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https://www.realtor.ca/real-estate/28980845/204369-dufferin-109-road-amaranth-rural-amaranth