19423 Yonge Street East Gwillimbury, Ontario L9N 1L8

$2,500,000

Well-located mixed-use commercial building in the heart of Holland Landing's established commercial district along Yonge Street. The property is anchored by a large ground-floor grocery retail tenant on a net lease, with five self-contained residential apartments above, offering a strong and diversified income stream.The five residential units are separately metered for hydro, with tenants paying their own electricity. The commercial component benefits from excellent frontage and exposure along Yonge Street, supporting long-term tenant stability and future upside.The building offers approximately 4,484 sq. ft. of retail space, including approximately 3,340 sq. ft. of usable storage and mechanical basement area, plus approximately 3,616 sq. ft. of residential space across the five apartments. Situated on an approximately 18,900 sq. ft. lot, the property is zoned MU1, allowing for a range of mixed-use and commercial applications.Constructed in 1969, the property is fully leased with all units currently rented. Appliances included for the residential units consist of five refrigerators and five stoves. (id:60365)

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https://www.realtor.ca/real-estate/29184039/19423-yonge-street-east-gwillimbury-holland-landing-holland-landing