102 Queen Street S, New Tecumseth, ON L0G 1W0

$699,900
6
BD
5
BA
2,000
SqFt

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List Price
$699,900
MLS#
N13568852
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
6
Bathrooms
5
Living Area
2000-2500
Province
ON
Municipality
New Tecumseth
Area
Simcoe
Neighborhood
Tottenham
Subdivision
Queen St South/Rogers Road

Property Description

Exceptional Cash Flow & Investment Opportunity in the Heart of Tottenham! Situated on a rare 82.5-foot frontage on a large lot along one of Tottenham's busiest Main Street corridors, this high-visibility property benefits from constant vehicle traffic, outstanding exposure, and exceptional long-term investment appeal. With exciting future development and commercial potential (buyer to complete their own due diligence), this is a unique opportunity for investors, developers, or business owners looking to secure a prime location in a growing community. This spacious property features 6 bedrooms and 6 washrooms, offering outstanding versatility for investors or multi-generational families. Currently generating over $70,000 in annual rental income, it provides immediate cash flow with additional upside. The unfinished basement presents an excellent opportunity to create even more rental income or customize the space to suit your needs. Ideally located within walking distance to shops, restaurants, schools, and everyday amenities, this is a rare opportunity to own a high-exposure, income-producing property on a premium Main Street lot with tremendous future upside. Recent upgrades include new windows, roof, interior and exterior pot lights, and many additional improvements. A truly one-of-a kind investment opportunity with income today and exceptional potential for tomorrow.

Additional Information

Taxes
$4,186
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Exterior
Aluminum Siding, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
6
Parking Type
Available

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX SKYWAY REALTY INC..