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3147 Tecumseh ROAD East
Description
Four-tenant, mixed-use investment property on Tecumseh Road East, combining ground-floor commercial space with three self-contained, one-bedroom residential units above. The main-floor commercial unit has been fully renovated into professional office use, featuring a reception area with waiting room, multiple private offices, boardroom-style meeting rooms, and luxury vinyl plank flooring throughout. A rear extension off the commercial unit adds further private office, storage, and utility space with its own full bathroom. Above, three self-contained, one-bedroom residential apartments are each occupied by long-term tenants: Unit 1 at $600 per month plus hydro, Unit 2 at $625 per month plus hydro, and Unit 3 at $675 per month plus hydro. The building runs two independent heating and cooling systems: a gas-fired boiler with radiator heat serves the upper apartments, each supplemented by tenant-owned window air conditioning, while the commercial space operates on its own forced-air furnace and central air. The landlord covers water for the building. Located on Tecumseh Road East in an established commercial corridor with steady vehicle and pedestrian traffic. A strong hold-and-collect opportunity for an investor, or a foothold for an owner-occupier looking to run a business from the main floor while residential income offsets carrying costs. (id:67713)
Property details
- Property type
- Industrial
- Building type
- House
- Lot size
- 34.86 X 100.33 FT
- MLS® number
- 26016323
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Location
Listed by: CENTURY 21 LOCAL HOME TEAM REALTY INC.. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.