86 Ringwood Dr
Whitchurch-Stouffville, L4A1C3
For Sale
$1,298,800
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Industrial Condo
CATEGORY3,061 Sq Ft
TOTAL AREAN8089952
MLSIDContact Us
Property Description
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!!
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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.
Property Details
Category
Industrial Condo
Zoning
Ebp
Total Area
3,061 Sq Ft
Office/Apartment Area
672 Sq Ft
Retail Area
2,389 Sq Ft
Industrial Area
2,389 Sq Ft
Taxes
$3,633 (2023)
Parking Spaces
2
Washrooms
3
Air Conditioning
Yes
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Listing contracted with Forest Hill Real Estate Inc.
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