70 Mill Street Active Save Request In-Person Tour Request Virtual Tour
Georgetown,ON L7G 2C9
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,474 sqft
Price per Sqft $369
MLS Listing ID 40716128
Bedrooms 10
Abv Grd Liv Area 9,474
Originating Board Barrie
Year Built 1935
Annual Tax Amount $19,500
Lot Size 0.352 Acres
Acres 0.352
Property Sub-Type Multi Family
Property Description
Discover a unique investment opportunity in the vibrant heart of Downtown Georgetown with the combined offering of 70 Mill Street and 72-74 Mill Street. This nearly half-acre site, strategically positioned between Guelph Street (Highway 7) and Main Street South, includes two distinctive properties sold together "as is, where is," each listed separately with individual MLS numbers.
70 Mill Street, formerly a post office, is a stately residential 12 Unit heritage building featuring green space and surface on-site parking. 72-74 Mill Street, formerly the Roxy Theatre, is a mixed-use property comprising eight commercial offices and four residential units. Together, these properties present a potential redevelopment opportunity in a rapidly evolving area of the Town of Halton Hills. Mill Street is already home to successful residential condominium developments, with additional projects currently in the planning process. Notably, the McGibbon On Main development blends Georgetown's cherished McGibbon Hotel heritage with contemporary luxury in a 10-storey, 169-unit residential complex. 70-72-74 Mill Street represents a key part of the Downtown Core, offering investors the chance to capitalize on significant redevelopment potential, robust growth prospects, stable rental income, and a reliable net operating income stream. Taxes reflected BIA membership. 72-74 Mill St must be sold with 70 Mill St. 70 Mill St is listed Heritage. Surveys available. This prime downtown location is within walking distance to the library., boutique shops, restaurant and the seasonal Farmer's market (May to October). Public parking is nearby and GO Bus services connect to GO Train for easy commuting.
Location
Province ON
County Halton
Area 3 - Halton Hills
Zoning DC1
Direction Downtown Georgetown - HWY 7 [Guelph St] and Main St S
Rooms
Other Rooms None
Basement Other,Full,Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas,Radiant
Cooling None
Fireplace No
Appliance Dryer,Refrigerator,Stove,Washer
Laundry Coin Operated
Exterior
Exterior Feature Controlled Entry,Separate Hydro Meters,Year Round Living
Parking Features Unassigned
Roof Type Asphalt
Street Surface Paved
Porch Porch
Lot Frontage 105.0
Garage No
Building
Lot Description Irregular Lot,Ample Parking,Business Centre,Dog Park,City Lot,Greenbelt,Highway Access,Library,Park,Place of Worship,Playground Nearby,Schools,Shopping Nearby,Trails
Faces Downtown Georgetown - HWY 7 [Guelph St] and Main St S
Story 2
Foundation Block,Concrete Block,Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick,Stone
New Construction No
Others
Senior Community false
Tax ID 250420038
Ownership Freehold/None
Virtual Tour https://www.winsold.com/tour/386556