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$ 3,500,000
Est. payment | /mo
12 Baths
15,327 SqFt
$ 3,500,000
Est. payment | /mo
12 Baths
15,327 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 15,327 sqft
Price per Sqft $228
Subdivision Georgetown
MLS Listing ID W12079012
Annual Tax Amount $19,500
Tax Year 2025
Property Sub-Type Investment
Property Description
Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together "as is, where is," each listed separately with individual MLS numbers. 70 Mill Street, formerly a post office, is a stately residential heritage building featuring green space and surface on-site parking. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetowns cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex. 70-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream. Survey's available. Taxes include BIA memberships.
Location
Province ON
County Halton
Community Georgetown
Area Halton
Interior
Cooling No
Exterior
Community Features Greenbelt/Conservation, Major Highway
Utilities Available Available
Lot Frontage 105.0
Others
Virtual Tour https://www.winsold.com/tour/386556
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
Chirag Vasani
Real Estate Salesperson | License ID: 5042141
+1(647) 564-2695 | chirag.vasani@theagencyre.com