44 - 86 Ringwood Drive Whitchurch-Stouffville, Ontario - MLS#: N8089952
$1,298,800
Incredible Opportunity In The Heart Of Stouffville's Booming Business District. One Of The Largest Units In The Complex Boasting 3061 Square Feet Of Leasable Area (2,389 Sq Ft Main Level + 672 Sq Ft Mezzanine Office) And A 350 Square Foot Shared Loading Dock. A Phenomenal Investment For Both End Users & Investors. Industrial EPB Zoning With A Variety Of Permitted Uses. Currently Tenanted With A Generous Net Income Of Approx. $62,000 (4.75% Cap). Vacant Possession To Be Provided After May 1st, 2024. Over $150,000 Spent On Upgrades, Low Maintenance Fees, 2 Parking Spots Included + Ample Customer Parking & Conveniently Located Close To Major Highways. This Is One You Won't Want To Miss!! **** EXTRAS **** 3 Washrooms, Kitchenette + Seating Area, Office Space + Boardroom, Ac (2015), 45Kva Transformer (600 Volts), Security Cameras, And 2 Common Disposal Bins. Financials, Floor Plans, And Zoning Details Available Upon Request. (id:51158)
MLS: N8089952 For sale : #44 -86 RINGWOOD DR Incredible Opportunity In The Heart Of Stouffville’s Booming Business District. One Of The Largest Units In The Complex Boasting 3061 Square Feet Of Leasable Area (2,389 Sq Ft Main Level + 672 Sq Ft Mezzanine Office) And A 350 Square Foot Shared Loading Dock. A Phenomenal Investment For Both End Users & Investors. Industrial EPB Zoning With A Variety Of Permitted Uses. Currently Tenanted With A Generous Net Income Of Approx. $62,000 (4.75% Cap). Vacant Possession To Be Provided After May 1st, 2024. Over $150,000 Spent On Upgrades, Low Maintenance Fees, 2 Parking Spots Included + Ample Customer Parking & Conveniently Located Close To Major Highways. This Is One You Won’t Want To Miss!!**** EXTRAS **** 3 Washrooms, Kitchenette + Seating Area, Office Space + Boardroom, Ac (2015), 45Kva Transformer (600 Volts), Security Cameras, And 2 Common Disposal Bins. Financials, Floor Plans, And Zoning Details Available Upon Request. (id:51158)
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Property Details
| MLS® Number | N8089952 |
| Property Type | Industrial |
| Community Name | Stouffville |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 2 |
About 44 - 86 Ringwood Drive, Whitchurch-Stouffville, Ontario
Building
| Bathroom Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 3061 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
https://www.realtor.ca/real-estate/26547423/44-86-ringwood-drive-whitchurch-stouffville-stouffville
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May 14 2024 02:41:23
Toronto Real Estate Board
Forest Hill Real Estate Inc.