For sale14 Clinton Street S, South Bruce, ON N0G 2S0
South Bruce, ON N0G 2S0
About this property
INVESTORS - TAKE A CLOSER LOOK AT THE NUMBERS. This mixed-use property in the heart of Teeswater combines immediate residential income with significant commercial upside. Four residential apartments are fully occupied, generating $6,000 per month / $72,000 per year in current gross rental income. The approximately 2,500 sq. ft. commercial component offers the opportunity to generate an additional $30,000 annually when fully leased, bringing potential total gross income to approximately $102,000 per year. At the current asking price of $549,000, that's a compelling income opportunity. The commercial space is being offered at $7.00/sq. ft. plus approximately $5.00/sq. ft. TMI and may also appeal to an owner/operator looking to run a business while the four apartments help carry the property. Approximately 5,000 sq. ft. in total with C1 zoning and a prominent Clinton Street location. Buy the existing income and unlock the commercial potential.
Property facts & features
- Property type
- Store W Apt/Office
- MLS® number
- X13721288
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 5000
- Neighbourhood
- Not provided
- Postal code
- N0G 2S0
- Garage
- Covered
- Lot depth (source units)
- 132
- Annual property tax
- 8963
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $549,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in South Bruce →Listing brokerage: SUTTON GROUP - SELECT REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13721288. Information deemed reliable but not guaranteed.