Georgetown, ON L7G 2C9,70 Mill Street
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Georgetown, ON L7G 2C9,70 Mill Street
Georgetown, ON L7G 2C9,70 Mill Street
Georgetown, ON L7G 2C9,70 Mill Street
Georgetown, ON L7G 2C9,70 Mill Street
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$ 3,500,000
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70 Mill Street Georgetown, ON L7G 2C9

10 Beds

12 Baths

9,474 SqFt


UPDATED:

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


Listed by Royal Lepage Meadowtowne Realty Inc., Brokerage
agent

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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70 Mill Street