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20 Queen St, Cookstown, ON

Name: 20 Queen St, For Sale in Cookstown - eXp Realty
Brand: REMAX YOUR COMMUNITY REALTY
SKU: N13682422
Price: 1100000 CAD

House

For Sale

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314

MLS® N13682422

Property Details
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Description

Welcome to this iconic building on Queen Street in the heart of Cookstown! A rare investment and development opportunity located just minutes from Highway 400 and surrounded by new residential development. Situated on an impressive 30 x 220 ft double lot with excellent exposure at Queen Street and Wellington Street, this freestanding commercial/residential property offers tremendous potential for investors, builders and end users. The property features an established barber shop tenant on a 5-year lease at $1, 000/month plus HST, providing immediate rental income. The residential portion includes a spacious 3-bedroom apartment that can be refurbished and rented for additional income. Unfinished basement provides further potential, with driveway and access to the rear of the property. What truly sets this property apart is the potential severance opportunity at the rear to create an additional residential building lot and potentially build another home, subject to municipal approval. The depth of the property and double-lot configuration create possibilities rarely available in this area. Hold, renovate, generate income, explore the severance potential, or position yourself for the continued growth of Cookstown. Opportunities like this are becoming increasingly difficult to find. Excellent location, existing income and future development potential all in one property. Property is being sold As Is, Where Is. (id:58753)Show Description

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $4,296

Days Active 19

MLS® Number N13682422

Central VacNo

FireplaceNo

GarageYes

BasementCrawl space

DrivewayNo Garage

HeatForced air, Natural gas

Additional Information

Siding Aluminum Siding

Price History

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Home Appraisal

This property is estimated to sell between: $461,000 and $1,420,000.

Similar properties in this area sold on average for: $461,480

Expected to sell in 21 days. Similar properties sold in 40 days. This home has been on eXp Realty for 19 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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