Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C5,950,000
($4,231,200)
(€3,704,700)
Annual Taxes:C56,800
Positioned on the high traffic Guelph Street Highway 7 commercial corridor in the heart of Georgetown, King's Cove Place offers a rare opportunity to acquire a well established, income producing ...
Description
Positioned on the high-traffic Guelph Street (Highway 7) commercial corridor in the heart of Georgetown, King's Cove Place offers a rare opportunity to acquire a well-established, income-producing retail plaza in one of the GTA's fastest-growing communities. This two-building, single-storey retail centre spans 9,413 square feet across eight units on a 0.764-acre site with 211 feet of frontage and on-site parking for tenants and customers. Built in 2014 and renovated in 2021, the plaza is anchored by a strong, diversified tenant mix including a national financial institution branch, an established dental/medical practice, a health and rehabilitation clinic, and a selection of personal service and specialty retail/food tenants - all on triple-net leases that pass through operating costs, insurance, and property taxes.Zoned GCN3 (44) under the Town of Halton Hills Official Plan's Mixed-Use Sub-Area designation, the property offers long-term intensification potential in addition to its stable, in-place income. Located approximately 1 km from Georgetown GO Station (Kitchener Line) and directly on Highway 7 connecting to Guelph, Brampton, and the broader 400-series highway network, King's Cove Place benefits from strong visibility and accessibility.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.