I have listed a new property at 172 Gerrish Street in Windsor.
Wonderful opportunity to own your own commercial space and let the income from the rentals pay your bills. Almost 1500 sq ft of commercial space with vaulted, wood lathe ceiling, 3 piece bath and storage space. Town Center location is ideally suited to many business types. 4 residential units consist of 1 X 3 brm unit and 3 X 2 brm units. All units have energy efficient heat pumps installed in 2014, new roof shingles in 2013. Commercial income is NOT included in financial information. HST is applicable on approximately 25% of the sale & to be at Buyers expense over and above purchase price. Recent bylaw changes to fringe area TC zoning allows the commercial unit to be converted to an additional 1 or 2 residential units as a matter of right, no development permit required, letter of acknowledgment on file at LBO. Potential for approximately an additional 10K to 17K gross. *Seller is licensed to trade real estate in the Province of Nova Scotia.*