NewFor Sale

Unit 19 - 109 Old Kingston Road
Ajax, Durham, ON, L1T 3A6

Commercial Retail
TRREB
MLS® Number: E12330316
$1,600,000List Price
Commercial RetailProperty Type
5,300 sq ftSize
$10,824.5 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 109 Old Kingston Road 19, Ajax, ON L1T 3A6

0 Transactions by CPRB Agents

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Description

Calling all investors and business owners!! Income generating! Positive cash flow! This unique property features a well-established German-style restaurant on the main floor, boasting over 20 years of successful operation. It includes a walk-in cooler, a secondary prep kitchen, an office, and ample storage space in the basement. The second floor offers two self-contained apartment units, each with its own private entrance. One unit includes 2+1 bedrooms, an oversized living room, a full-sized kitchen, and a private bathroom. The other unit features 1+1 bedrooms, an open-concept kitchen and living area, and a charming sun-filled octagonal den, perfect for a home office with best view in the town. All units are currently leased, generating over $10K/month rental income. With a solid rental history and reliable cash flow, this mixed-use property presents a secure and high-potential investment in a vibrant, growing community.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$10,824.5 / 2024
Listing #:E12330316
Property Type:Commercial Retail
Size:5,300 sq ft
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 INFINITY REALTY INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Central West
Municipality:Durham

Building

Size:5,300 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Kingston/Church

$1,600,000

List price

Unit 19 - 109 Old Kingston Road, Ajax – Commercial Retail for sale