For Sale

$3,500,000

70 MILL Street , Georgetown, Ontario L7G2C9

10 Beds 12 Baths

Remarks

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 12 Unit heritage building featuring green space and surface on-site parking. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Together, these properties present a potential redevelopment opportunity in a rapidly evolving area of the Town of Halton Hills. 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 Georgetown’s 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. Taxes reflected BIA membership. 72-74 Mill St must be sold with 70 Mill St. 70 Mill St is listed Heritage. Surveys available. This prime downtown location is within walking distance to the library., boutique shops, restaurant and the seasonal Farmer's market (May to October). Public parking is nearby and GO Bus services connect to GO Train for easy commuting. (id:7525)

Property Summary

  • Lot Frontage: 105.0 Feet
  • No. of Parking Spaces: 15
  • Floor Space (approx): 9474 Square Feet
  • Built in: 1935
  • Bedrooms: 10
  • Bathrooms (Total): 12
  • Zoning: DC1

Property Features:

  • Access Type:
    Road access , Highway access
  • Amenities Nearby:
    Park , [] , Playground , Schools , Shopping
  • Equipment Type:
    Water Heater
  • Features:
    Southern exposure , Conservation/green belt , Laundry- Coin operated
  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    Water Heater
  • Sewer:
    Municipal sewage system
  • Structure Type:
    Porch

Building Features:

  • Basement Development:
    Partially finished
  • Basement Type:
    Full
  • Cooling Type:
    None
  • Exterior Finish:
    Brick , Stone
  • Fire Protection:
    Alarm system
  • Foundation Type:
    Block
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Radiant heat

Office Listing: 

Denise Dilbey Broker

Lifestyle
Neighbourhood Info
Kim Scott

Kim Scott

Sales Representative

Phone:  905.878.8101

Mobile:  905.699.1881

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Royal LePage Meadowtowne Realty, Brokerage (Independently owned and operated)

475 MAIN STREET EAST
Milton,  ON L9T1R1

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