Outstanding Investment Opportunity Just 5 Minutes from Orangeville! This prime 1.01 acre corner property with C2 Highway Commercial zoning offers exceptional income potential with an estimated potential 10% cap rate if tenanted at estimated market rents and offers a diverse array of potential permitted uses. Ideal for investors or owner/operators seeking cash flow & versatility. The property features two self-contained 2-bedroom apartments with 1 washroom each, providing rental income or convenient on-site living. Auto mechanic garage includes 2 bays, office, washroom, and optional equipment available (2 hoists, wheel alignment machine, air compressor, some tools etc.). Restaurant with kitchen, dining area & 2 washrooms offers opportunity for an additional income stream or owner-use potential. 2 septic systems & drilled well. C2 Zoning can permit multiple possible uses depending on Town approval such as vehicle repair, gas bar, restaurant, retail, office, greenhouse, storage facility, hotel/ motel, or recreation. A Clean Phase 2 Environmental Report (2017) is available. This is a rare chance to own a versatile, income-generating property in a high-traffic location. Don't miss this opportunity!
Address
204369 County Rd 109
List Price
$1,299,900
MLS® Status
Sold Conditional
Expiration Date
2026-01-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Amaranth
Sub-Area
Rural Amaranth
Region
Dufferin
Lot Size Source
GeoWarehouse
Lot Depth
200.18
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
Corner Lot/ Irregular
Lot Size Units
Feet
Lot Width
192.23
Parcel Number
340390078
Total Building Area
5037
Occupant Type
Owner+Tenant
Cross Street
County Rd 109/ 6th Line
MLS® Number
X12458239
Listing Brokerage
EXIT REALTY HARE (PEEL)
Basement
No
Postal Code
L9W 0T5
Posession Details
Flex/ TBA
Parking Spaces
10
Tax Amount
$4,481.92
Tax Year
2025
Standard Status
Pending
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Propane Gas
Cooling Features
No
Garage Type
Other
Tax Legal Description
PT LT1, CON 6, PT 1, 7R413 ; AMARANTH
Security Features
No
Water Source
Drilled Well
Sewer
Septic