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Here is an excellent investment opportunity with a steady income stream. Fully renovated in 2018/19, this 2-storey building blends past and present with style. This multi-functional space has a thriving business on the main floor and four 1-bedroom apartments on the second. Both the retail space and the apartments are characterized by high, open beam ceilings for a spacious and airy feel, with bright white walls, exposed brick and industrial fixtures. The historic roots of this building have been updated with all the modern conveniences necessary for comfortable living and working. The renovations included the construction of additional 410 sq ft of 2nd floor space, new mechanical, electrical and plumbing, new bathrooms, kitchens, insulation, drywall, flooring, fixtures, roof repairs, stucco and paint. This property’s low vacancy rates are a testament to its desirability and quality. For those investors searching for a larger package, the neighboring property located at 107 1st Ave W is also offered for sale (SK955130), and was developed in tandem with the Main Street building. It is fully leased to three retail/service tenants. Contact your favorite real estate agent today to request an information package. (27334574)
Annual Property Taxes
$5,906 (CAD)
Time on REALTOR.ca
276 days
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