Address
20 Queen Street, Innisfil, ON
Price
$ 1,100,000
Property Attributes
  • ID#N13682422
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityInnisfil
  • CityInnisfil
  • NeighbourhoodCookstown
  • Postal CodeL0L 1L0
  • StyleSingle Family Dwelling
  • Price$ 1,100,000
  • Bedrooms3
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1500
Data Source:
RLP - CREA EN
Property Description

Welcome to this iconic building on Queen Street in the heart of Cookstown! A rare investment and development opportunity located just minutes from Highway 400 and surrounded by new residential development. Situated on an impressive 30 x 220 ft double lot with excellent exposure at Queen Street and Wellington Street, this freestanding commercial/residential property offers tremendous potential for investors, builders and end users. The property features an established barber shop tenant on a 5-year lease at $1,000/month plus HST, providing immediate rental income. The residential portion includes a spacious 3-bedroom apartment that can be refurbished and rented for additional income. Unfinished basement provides further potential, with driveway and access to the rear of the property. What truly sets this property apart is the potential severance opportunity at the rear to create an additional residential building lot and potentially build another home, subject to municipal approval. The depth of the property and double-lot configuration create possibilities rarely available in this area. Hold, renovate, generate income, explore the severance potential, or position yourself for the continued growth of Cookstown. Opportunities like this are becoming increasingly difficult to find. Excellent location, existing income and future development potential all in one property. Property is being sold As Is, Where Is.

General Features

Zoning Mu5 - Mixed Use 5 Special
Terms SALE
Neighbourhood Cookstown
Construction Style Detached
Property Sub Type Single Family
jumpId 28989409
Property Subtype French Single Family Dwelling
Listing Type French House
MLS N13682422
Building Type House
Property Type Single Family

Interior Features

Living Area Range 1500 sqft
Bedrooms 3
Basement Type Crawl space
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Beds 3
Total Baths 1
Total Baths 1

Exterior Features

Exterior Finish Aluminum siding
Parking Type No Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L0L 1L0

Price
AVG $970K
$1.1M