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$880,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
98%
Prime Downtown Georgetown Opportunity with Main Street Exposure & Redevelopment Potential! Exceptional opportunity to acquire a prominent detached property in the heart of Downtown Georgetown, offering excellent Main Street exposure, strong accessibility, parking for up to 4 vehicles, and a highly versatile existing layout. The property provides approximately 1,490 sq. ft. above grade plus a finished basement, creating ample space for a variety of potential commercial, professional, office, studio, or live/work uses, subject to zoning and municipal approvals. The main level features bright, well-proportioned rooms, abundant natural light, a functional kitchen, main floor laundry, and convenient access to covered outdoor areas. The finished basement adds valuable additional space with a large recreation/open area, 3-piece bathroom, workshop/storage area, multiple storage closets, and walkout to the rear yard. Two driveways provide convenient on-site parking, a valuable feature in the downtown core. Ideally positioned within walking distance to shops, restaurants, professional services, offices, parks, and everyday amenities, this property offers exceptional visibility and accessibility in an established and vibrant downtown setting. Significant future potential with the possibility of redevelopment into two semi-detached dwellings with basement apartments, subject to zoning, planning approvals, and applicable municipal requirements. An attractive opportunity for investors, developers, owner-users, or those seeking a strategically located downtown property with immediate functionality and future upside. Rare combination of Main Street exposure, parking, flexible existing space, and redevelopment potential in Downtown Georgetown. (id:66811)
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Monthly debt service
$4K
Projected NOI
$60K
Annual cash flow
$11K
Cash-on-cash
4.33%
DSCR
1.23
Going-in cap
6.84%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
112,718
Households
42,504
Median income
$103,500
Median age
33.1
Daytime population
178,927
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 127 MAIN STREET S, Halton Hills (Georgetown).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.