Unit 1 109 Old Kingston Road Ajax ON L1T 3A6
$ 899,000

Listing ID

#E12031271

Property Type

Store W Apt/Office

County

Durham

Neighborhood

Central West

Days on website

24

Description
Rare Investment Opportunity in Historic Ajax Village! Seize the chance to own a high-yield commercial/residential property in the prestigious Historic Ajax Village, a vibrant hub for local businesses, restaurants, pubs, and exciting community events that attract both residents and visitors. This three-storey property with a basement offers exceptional returns for its value: Ground Floor (604 sq ft) & Basement (622 sq ft) Leased to a top-rated nail salon in Ajax, ensuring stable commercial income. Newly Renovated 2nd & 3rd Floors (1,006 sq ft total) Features a modern 2-bedroom apartment with 1.5 bathrooms, a kitchen, a spacious living/dining area, and a balcony, currently leased to AAA tenants. Turnkey Investment Both residential and commercial tenants cover all utilities, with the owner responsible only for a $850/month management fee and property taxes. Don't miss out on this rare investment opportunity!
Location
Financial Information
List Price:  $ 899000
Taxes:  $ 3752
Property Features
Air Conditioning:  Yes
Area Influences:  Greenbelt/Conservation, Public Transit
Garage Type:  Outside/Surface
Heat Type:  Gas Forced Air Closed
Lease:  For Sale
Sprinklers:  Yes
Utilities:  Yes
Listed By:     ONE PERCENT REALTY LTD.