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$1,650,000Asking Price

20-24 Main St N

Georgetown, Halton Hills

Fourplex
7
Bedrooms
4
Baths
10
Parking
Days on Market

Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.

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Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.

Key Info

  • 2-Storey Fourplex
  • 4+ Parking
  • Detached Garage
  • Main/Guelph St
  • 3000-3500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • Forced Air Gas Heating
  • No A/C

Property

  • Taxes were $5,552 in 2024
  • Possession: TBD - Flex

Details

  • Aluminum Siding Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #W9416799
  • ROYAL LEPAGE MEADOWTOWNE REALTY

Extras

  • Two furnaces, 1 unit is heated with electric baseboards.
Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom on 2nd Floor

Who lives here?

Georgetown, Halton Hills is a west GTA neighbourhood notable for its singles, university grads, executives, business and education, law & public sector professionals and salespeople. Residents tend to be younger with a significant number of kids aged 5 to 14, youth aged 15 to 24 and adults aged 35 to 54.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

Halton Hills  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

40% of residents are
single and loving it.

40% singles

Halton Hills (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

14% of residents
are renters.

14% renters

Halton Hills (14%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

33% of residents are
university grads.

33% university grads

Halton Hills (30%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$154K

is the average household
income in the neighbourhood.

Halton Hills  ($153K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 12%
Management 11%
Government 10%
Trades 9%

Immigrants

16% of residents were
born outside of Canada.

16% immigrants

Halton Hills (17%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.6% of immigrants.
Portugal 1.1%
Poland 1.1%
Philippines 0.9%
India 0.8%

3.6% from UK
All-time

Birthplace - Recent

India was once home to 0.3% of immigrants.
UK 0.3%
Philippines 0.2%
USA 0.1%
China 0.1%

0.3% from India
Recent

Foreign Languages

Foreign Languages

French 2%
Portuguese 2%
Polish 2%
Croatian 1%
Spanish 1%

Religions

Religions

Christian 74%
Muslim 1%
Hindu 1%