Property Description

Rare opportunity to own a mixed-use office and residential building in a prime Downtown Whitby location, complete with its own private parking lot offering parking for up to 8 vehicles, an exceptionally rare and valuable feature in the downtown core. The main floor offers generous professional office space with two separate entrances, providing flexibility for a single business or the potential to accommodate multiple businesses. Currently configured with a large reception area, comfortable seating/waiting area and three private offices, with the potential to reconfigure the space to create a fourth office.The property also features two self-contained residential units, each with its own separate entrance. The upper level offers a one-bedroom apartment with private access from the north side of the building, while the lower level features a studio apartment with its own rear entrance. Both residential units are currently fully rented, generating a combined $2,700 per month.Adding to the investment potential, the current owner is willing to lease back the main-floor office space for one year at $3,000 per month, creating the potential for approximately $5,700 in total monthly rental income. An exceptional opportunity for an investor seeking multiple income streams or an owner-user looking to secure a prime Downtown Whitby property while benefiting from existing rental income and future flexibility. (id:7434)