86 Ringwood Drive 44, Whitchurch-Stouffville, ON L4A 1C3

Whitchurch-Stouffville L4A 1C3 Ontario

MLS: N12427317

$1,098,800

Added 3 hours ago | For Sale

Listed by: FOREST HILL REAL ESTATE INC.

About Property

Incredible Opportunity In The Heart Of Stouffville's Booming Business District. One Of The Largest Units In The Complex, This Property Offers 3,061 Sq. Ft. Of Usable Space (2,389 Sq. Ft. On The Main Level Plus 672 Sq. Ft. Mezzanine Office) Along With Access To A 350 Sq. Ft. Shared Loading Dock. The Versatile Layout Features 3 Bathrooms, A Private Boardroom, Open Concept Office Space, And An Employee Lounge/Lunch Room Complete With A Kitchenette. Currently Operating As A Well-Established Bakery, The Space Is Clean, Well-Maintained, And Turnkey, Making It Ideal For A Wide Range Of Businesses. Zoned Industrial EPB With A Variety Of Permitted Uses, It Presents A Phenomenal Opportunity For Both End Users And Investors. This Property Is Currently Tenanted And Generating A Net Income Of Approximately $63,500 Annually (About A 5.7% Cap Rate), With Vacant Possession Available After January 1, 2026. Over $150,000 In Recent Upgrades, Low Maintenance Fees, Two Dedicated Parking Spots, Ample Visitor Parking, And Excellent Proximity To Major Highways Make This An Opportunity You Wont Want To Miss.

Features

  • House Style:Industrial
  • Bathrooms:3
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Hwy 48 & Main Street
  • Basement: ,
  • Possession Date:90/TBD
  • Annual Property taxes: $3722.89
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12427317

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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