1575 Chemong Road
$7,500,000
Annual taxes: $24,202 (2024)
—
Bedrooms
—
Bathrooms
74.501
Sqft
16-30
Approx. Age
Property Overview
MLS®
X12245365
Status
Active
Property Type
Commercial
Property Sub-Type
Commercial Retail
List Price
$7,500,000
Taxes
$24,202.17 (2024)
Lot Size
3245262.03 Feet
Square Footage (Exact)
74.501 sqft
Approximate Age
16-30
Cooling
Yes
Water
Drilled Well
City
Selwyn
Postal Code
K9J 6X2
Property Description
Opportunity to Purchase a Prime Development Property with Significant Multiple Tenanted Income. Property Consists of 13,600 SF of Retail/Warehouse space, 20 Ft Clear Height (currently on a 10 year lease with renewal options) 1,400 SF of Second Level Office, Truck Level Loading Dock W/ Shipping Area. Acres of Lined Paved Parking Lot and Paved Storage Yard That is Partially Fenced, Over Head Canopy Lighting. 3 Phase Power on Site. Storm Water Management Ponds and on Site Water Hydrant. Includes 4 - 5,000 Sqft Quonset Huts W/ Hydro, Tenant Occupied. Total Property is 74.5 Acres with Approximately 10 Acres Zoned C1-423, 10 Acres Official Plan Commercial and 50 Acres Agricultural. Significant Upside Revenue Stream to Continue with Sports Complex plans and a Large Format Sports Dome May be Available to Purchase Separately. Available Upon Signed CA are Income and Expense Statements, 2019 Phase 1 Environmental Report, and Other Related Documents.
Property Features
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Estimated Monthly
$36,809
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
MINCOM KAWARTHA LAKES REALTY INC.
Data via TRREB / AMPRE IDX
The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.
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