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44 - 86 Ringwood Drive Whitchurch-Stouffville (Stouffville), Ontario L4A 1C3

3 Bathroom 3061 sqft
Fully Air Conditioned Other

$1,098,800

Incredible Opportunity In The Heart Of Stouffville's Booming Business District. One Of The Largest Units In The Complex, This Property Offers 3,061 Sq. Ft. Of Usable Space (2,389 Sq. Ft. On The Main Level Plus 672 Sq. Ft. Mezzanine Office) Along With Access To A 350 Sq. Ft. Shared Loading Dock. The Versatile Layout Features 3 Bathrooms, A Private Boardroom, Open Concept Office Space, And An Employee Lounge/Lunch Room Complete With A Kitchenette. Currently Operating As A Well-Established Bakery, The Space Is Clean, Well-Maintained, And Turnkey, Making It Ideal For A Wide Range Of Businesses. Zoned Industrial EPB With A Variety Of Permitted Uses, It Presents A Phenomenal Opportunity For Both End Users And Investors. This Property Is Currently Tenanted And Generating A Net Income Of Approximately $63,500 Annually (About A 5.7% Cap Rate), With Vacant Possession Available After January 1, 2026. Over $150,000 In Recent Upgrades, Low Maintenance Fees, Two Dedicated Parking Spots, Ample Visitor Parking, And Excellent Proximity To Major Highways Make This An Opportunity You Wont Want To Miss. (id:41954)

Property Details

MLS® Number N12427317
Property Type Industrial
Community Name Stouffville
Amenities Near By Highway, Public Transit
Parking Space Total 2

Building

Bathroom Total 3
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 3061 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Zoning Description Ebp

https://www.realtor.ca/real-estate/28914436/44-86-ringwood-drive-whitchurch-stouffville-stouffville-stouffville

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