Address
20 Queen Street, Innisfil (Cookstown), ON
Price
$ 1,100,000
Property Attributes
- ID#N13682422
- TypeSingle Family
- Listing Status Active
- MunicipalityInnisfil (Cookstown)
- CityInnisfil (Cookstown)
- AreaCookstown
- NeighbourhoodCookstown
- Postal CodeL0L 1L0
- Style
- Price$ 1,100,000
- Bedrooms3
- Bathrooms1
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)
General Features
| Property Type | Single Family |
|---|---|
| Zoning Description | Mu5 - Mixed Use 5 Special |
| CommunityName | Cookstown |
| Location Description | Hwy 27 & Queen St |
| Parking Space Total | 4 |
| Foundation Type | Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Type | Crawl space |
| Construction Style Attachment | Detached |
| Living Area Range | 1100 |
| Bedrooms | 3 |
Exterior Features
| Exterior Finish | Aluminum siding |
|---|
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
In The Neighbourhood
Innisfil (Cookstown)
$ 750,000
- Type
- Single Family
- Rooms
- 3 Beds + 1 Baths
RE/MAX HALLMARK CHAY REALTY
Innisfil (Cookstown)
$ 1,089,900
- Type
- Single Family
- Rooms
- 4 Beds + 3 Baths
FARIS TEAM REAL ESTATE BROKERAGE
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating