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Home ON Greater Toronto Area Halton Hills
70 MILL Street
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70 MILL Street $3,500,000
$3,500,000
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70 MILL Street
Georgetown, Ontario L7G2C9

MLS® Number: 40716128
10
Bedrooms
12
Bathrooms
9474
Square Feet

Listing 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. (68875350)

Location Description

Downtown Georgetown - HWY 7 [Guelph St] and Main St S

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
9474 sqft
Subdivision Name
1046 - GE Georgetown
Title
Freehold
Land Size
0.352 ac|under 1/2 acre
Built in
1935
Annual Property Taxes
$19,500
Total Parking Spaces
15
Time on REALTOR.ca
12 days

Building

Bathrooms
Total
12
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Southern exposure, Conservation/green belt, Laundry- Coin operated
Foundation Type
Block
Fire Protection
Alarm system
Rental Equipment
Water Heater
Structures
Porch
Total Units
12
Heating & Cooling
Cooling
None
Heating Type
Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stone
Neighbourhood Features
Amenities Nearby
Park, Place of Worship, Playground, Schools, Shopping
Parking
Total Parking Spaces
15

Measurements

Square Footage
9474 sqft
Above Grade Finished
9474 sqft
Source: Other

Land

Lot Features
Frontage
105 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
DC1
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6

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