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70 Victoria Street E, New Tecumseth, ON L9R 1R2

New Tecumseth, ON, L9R 1R2 · Alliston

Sq Ft
20 Parking
Investment Type
N12753100 MLS#

About this property

70 Victoria St E Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Level Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, All Rooftop Units Replaced, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as this Building has a Fantastic Reputation Within the Community, PLUS it's Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Number on this Investment Property will Impress.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Electric Forced Air
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage None
Parking Spaces 20
Heat Type Electric Forced Air
Cooling Yes
Sewer Sanitary+Storm
Annual Tax $27,812
Tax Year 2025

Building & Construction

Approximate Age
31-50
Building Area Total
14625

Heating & Cooling

Heat Type
Electric Forced Air
Cooling
Yes

Parking & Garage

Garage Type
None
Parking Spaces
20

Lot & Land

Lot Size Units
Feet
Lot Depth
108.00
Lot Width
88.00

Financial & Tax

Tax Annual Amount
$27,812
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Simcoe
Cross Street
Victoria St E & Centre St
Directions
Victoria St E & Centre St
Showing Requirements
See Brokerage Remarks, Showing System, List Brokerage, List Salesperson
Listing courtesy of CENTURY 21 WENDA ALLEN REALTY
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