44 - 86 Ringwood Drive, Whitchurch-Stouffville, Ontario L4A 1C3

Listed for:
$898,800
0 beds
3 baths
Listed 22 days ago
44 - 86 Ringwood Drive, Whitchurch-Stouffville, Ontario L4A 1C3

View all 25 photos

Learn more about this property
Listing provided by:
FOREST HILL REAL ESTATE INC.
MLS® number:
N12490922
Agent:
Frederik Kleiman
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

Hwy 48 & Main Street Incredible Opportunity In The Heart Of Stouffville's Booming Business District. One Of The Largest Units In The Complex, This Property Offers 3,061 Sq. Ft. Of Usable Space (2,389 Sq. Ft. On The Main Level Plus 672 Sq. Ft. Mezzanine Office) Along With Access To A 350 Sq. Ft. Shared Loading Dock. The Versatile Layout Features 3 Bathrooms, A Private Boardroom, Open Concept Office Space, And An Employee Lounge/Lunch Room Complete With A Kitchenette. Currently Operating As A Well-Established Bakery, The Space Is Clean, Well-Maintained, And Turnkey, Making It Ideal For A Wide Range Of Businesses. Zoned Industrial EPB With A Variety Of Permitted Uses, It Presents A Phenomenal Opportunity For Both End Users And Investors. This Property Is Currently Tenanted And Generating A Net Income Of Approximately $62,221.00 Annually (About A 5.7% Cap Rate), With Vacant Possession Available After January 1, 2026. Over $150,000 In Recent Upgrades, Low Maintenance Fees, Two Dedicated Parking Spots, Ample Visitor Parking, And Excellent Proximity To Major Highways Make This An Opportunity You Wont Want To Miss. (id:27476)

Property Highlights

MLS® Number
N12490922
Type
Industrial
Community Name
Stouffville
Parking Space Total
2

Building

Square Footage
3061 sqft
Bathrooms Total
3
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location