A Rare Piece of Georgetown History. A Remarkable Investment Opportunity. Welcome to Berwick Hall a distinctive 16 unit multi residential property in the heart of historic Downtown Georgetown. Originally built in 1882 the property is associated with renowned architect E. J. Lennox the architect behind Casa Loma and Toronto's Old City Hall. Today Berwick Hall offers a mix of bachelor one bedroom and two bedroom suites plus coin operated laundry for additional income. Set on an impressive large corner lot backing onto a ravine the property offers approximately 16 parking spaces strong street presence and immediate access to downtown shops restaurants cafés and amenities. For investors the property offers an attractive cap rate with strong current income and additional upside through rent optimization suite improvements operational efficiencies and future repositioning. The scale of the lot and downtown location may also offer longer term redevelopment or alternative use potential subject to required approvals. For the first time in more than 30 years Berwick Hall is ready for a new owner. History income land and long term opportunity in one remarkable property. (id:13843)
| MLS # | 40867590 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1882 |
| Days On Site | 28 |
| Listing Provided By | CASORA REALTY INC. | Fernando Ferrari |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 15 Total |
| SQ Feet | 11,950 |
| Basement | Y |
| Story(s) | 2 |
| Units | 16 |
| Zoning | DC2, EP2 |
| Cooling | None |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
| Lot Features | Laundry- Coin operated |
|---|
| Parking Features | Open |
|---|---|
| Parking Total | 16 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 19977 |
|---|
| Province | ON |
|---|---|
| City | Halton Hills |
| Postal Code | L7J2M1 |
| Community Name | 1046 GE Georgetown |
| Listing VS Median (in 1046 GE Georgetown) | |
Price: $3,200,000 low | high Med: $919,900 sqft: 11,950 low | high Med: 1,960 $ / sqft: $268 low | high Med: $469 On site: 28 low | high Med: 56 | |
| Province | ON |
|---|---|
| City | Halton Hills |
| Postal Code | L7J2M1 |
| Community Name | 1046 GE Georgetown |
| Listing VS Median (in 1046 GE Georgetown) | |
Price: $3,200,000 low | high Med: $919,900 sqft: 11,950 low | high Med: 1,960 $ / sqft: $268 low | high Med: $469 On site: 28 low | high Med: 56 | |