13 Young St Halton Hills, Ontario - MLS#: W8140276

$849,000

Location Location Location! A great opportunity with the possibility to get permit for either business or residential or mixed use. An application has been submitted to the Town to sever the land into 2 residential lots. Buyers should inquire more information from the Town Hall. Across the road is GO station, so you can go to travel or work without worrying about driving to the station or parking space. This could be a great opportunity for an investor who is looking to buy a land and build. The existing building is rented to three different tenants. A single tenant is living in the bachelor unit on main floor with a monthly rent of $ 750.00 The main floor 1 bedroom Pays $1300.00. The second floor tenant pays $1800.00 including utilities . (id:51158)

**Prime Location Investment Opportunity in Halton Hills**

Discover the potential of this prime location property located at 13 YOUNG ST in Halton Hills. MLS# W8140276 presents a lucrative opportunity for buyers looking to capitalize on a property with endless possibilities. Perfectly situated with proximity to essential amenities and transport hubs, this property offers the flexibility to explore various potential uses.

**Key Features:**

**1. Strategic Location**

**Located in the heart of Halton Hills**, this property boasts a strategic location that provides easy access to major transportation routes and essential amenities. With the GO station just across the road, commuting for work or travel becomes a hassle-free experience.

**2. Versatile Zoning Potential**

**Explore the potential of various zoning opportunities** with the ability to secure permits for residential, commercial, or mixed-use purposes. An application has been submitted to the Town to divide the land into two residential lots, offering buyers the flexibility to tailor the property to suit their investment goals.

**3. Rental Income Potential**

**Generate passive income** with the property’s existing rental arrangement. Currently, the building is occupied by three tenants, each contributing to a steady stream of rental income. With rental rates ranging from $750.00 to $1800.00, this property presents an attractive opportunity for investors seeking a stable income stream.

**4. Investment Opportunity**

**Ideal for investors looking to build and expand**, this property offers a blank canvas for creating a lucrative investment portfolio. Whether you are a seasoned investor or a first-time buyer, this property provides the perfect foundation for long-term growth and financial success.

**5. Potential for Growth**

**Unlock the potential for future growth** with this prime location property. With the Town Hall holding valuable information on the property’s development opportunities, buyers can leverage this knowledge to maximize the property’s value and capitalize on the evolving real estate market.

**Questions and Answers:**

**Q: Can the property be used for commercial purposes?**

**A:** The property offers versatile zoning potential, allowing buyers to explore the possibility of utilizing the space for commercial activities. It is advisable to consult with the Town Hall for further information on commercial usage.

**Q: What are the current rental rates for the property?**

**A:** The property is currently generating rental income from three tenants, with monthly rates ranging from $750.00 to $1800.00. For detailed information on rental agreements, buyers can inquire about the existing tenancy arrangements.

**Q: How convenient is the property’s location in terms of transportation?**

**A:** The property’s strategic location offers easy access to major transportation routes, with the GO station just across the road. This convenient proximity ensures seamless commuting for work or travel without the hassle of driving or parking.

**Q: What are the possibilities for land division on the property?**

**A:** An application has been submitted to the Town for dividing the land into two residential lots. Buyers interested in exploring this opportunity further can obtain additional information from the Town Hall regarding the land division process.

**Q: Is the property suitable for long-term investment growth?**

**A:** The property presents a promising opportunity for long-term investment growth, with potential for future development and value appreciation. By leveraging the property’s strategic location and zoning potential, buyers can position themselves for sustained financial success in the real estate market.

⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
📞📞📞Please Call me with ANY Questions, 416-477-2620📞📞📞

Property Details

MLS® Number	W8140276
Property Type	Single Family
Community Name	Acton
Parking Space Total	3

About 13 Young St, Halton Hills, Ontario

Building

Bathroom Total	3
Bedrooms Above Ground	3
Bedrooms Total	3
Basement Type	Partial
Construction Style Attachment	Detached
Cooling Type	Window Air Conditioner
Exterior Finish	Vinyl Siding
Fireplace Present	Yes
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Type	House

Land

Acreage	No
Size Irregular	110.36 X 88.22 Ft
Size Total Text	110.36 X 88.22 Ft

Utilities

Sewer	Installed
Natural Gas	Installed
Electricity	Installed
Cable	Installed

https://www.realtor.ca/real-estate/26619855/13-young-st-halton-hills-acton