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257 GEORGE STREET, Wellington North, Ontario

$2,499,900

8,530 Square Feet

Amazing Investment Opportunity! This mixed-use property features seven (7) refreshed residential units and a main floor commercial space that is already leased out to a Restaurant (restaurant business not included in sale), ensuring immediate rental income. A bottle and can return business contracted with the Beer Store adds another steady revenue stream. Recent upgrades include a new roof (2023), newer windows (2020/2023), front aluminum fascia (2023), new electrical on the upper floor (2023), and updated fire alarms (2023). The upper floor has been enhanced with new tiles and luxury waterproof vinyl flooring, while kitchens have been modernized with updated cabinets, quartz countertops, and quartz backsplash. Bathrooms have also been updated, providing a fresh and stylish finish throughout. Additional features include Wi-Fi extenders, security cameras, and exterior lighting for safety and convenience. The property also offers ample parking at the rear for both tenants and customers, as well as an on-site coin laundry and dryer. With multiple income streams and significant recent capital improvements, this property is a true turn-key investment you wont want to miss! (id:23309)

Listing ID: X12435379
Property Type: Retail

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Details

Features: Irregular lot size
Parking Spaces: 10
Transaction: For sale
Zoning Description: C1 Central Commercial

Building

Appliances: Dryer, Water Heater, Microwave, Washer, Water softener
Cooling: Partially air conditioned
Fireplace Present: False
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 8530 sqft
Utility Water: Municipal water

Land

Size Frontage: 159 ft ,10 in
Size Irregular: 159.88 x 130.5 FT

Listing provided by RE/MAX EXCELLENCE REAL ESTATE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 257 GEORGE STREET in Wellington North Ontario. It was last modified on September 30th, 2025. Contact the Bird House Real Estate Team to schedule a viewing or to discover other Wellington North real estate for sale.

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