350 ST PHILIPPE STREET, Alfred And Plantagenet, ON K0B1A0
350 ST PHILIPPE STREET, Alfred And Plantagenet, ON K0B1A0
350 ST PHILIPPE STREET, Alfred And Plantagenet, ON K0B1A0
350 ST PHILIPPE STREET, Alfred And Plantagenet, ON K0B1A0
350 ST PHILIPPE STREET, Alfred And Plantagenet, ON K0B1A0
350 ST PHILIPPE STREET, Alfred And Plantagenet, ON K0B1A0
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$ 499,900
Est. payment | /mo

3,477 SqFt


$ 499,900
Est. payment | /mo

3,477 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3477

Square Footage 3,477 sqft

Price per Sqft $143

Subdivision 609 - Alfred

MLS® Listing ID X13557420

Lot Size 3477.000 Acres

Acres 3477.0

Property Description

**ATTENTION INVESTORS!** Here's an excellent opportunity to add a mixed-use income property to your real estate portfolio in the heart of Alfred, Ontario. Ideally located along Highway 17, this property offers excellent exposure, multiple income streams, and strong investment potential in a growing community conveniently situated between Ottawa and Montreal. The property features one established commercial unit occupied by Milano Pizza, along with three residential apartments, including two 2-bedroom units and one bachelor apartment. The commercial tenant has recently renewed their lease for an additional four years under a triple net lease, providing stable long-term income while minimizing the owner's operating expenses. The residential component offers an attractive opportunity to increase cash flow. One fully renovated 2-bedroom apartment is currently vacant, allowing the new owner to establish market rent immediately. The remaining apartments are occupied by long-term tenants, providing consistent rental income with future growth potential. Current monthly rental income includes the commercial unit at $2,028 + HST under a triple net lease, one occupied 2-bedroom apartment at $856/month plus heat and hydro, and a bachelor apartment at $497/month with hydro included. The renovated vacant 2-bedroom unit offers an estimated rental potential of approximately $1,300/month plus heat and hydro, creating immediate upside for the next owner. Whether you're an experienced investor or looking to add a versatile mixed-use property to your portfolio, this building offers the security of a long-term commercial tenant, multiple residential income streams, and the opportunity to increase revenue through the vacant renovated apartment. A great investment opportunity in a central Alfred location. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air, Baseboard heaters,

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Others

Virtual Tour https://listings.sellitmedia.ca/sites/350-st-philippe-st-alfred-and-plantagenet-on-k0b-1a0-26591572/branded

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Listed by EXIT REALTY MATRIX
Julie Pollard

More Than a Realtor—Your Trusted Real Estate Partner

About

With over 20 years of proven results, I’ve built a reputation as one of the Fraser Valley’s and Okanagans most trusted and successful Realtors. My clients know me for sharp negotiation skills, deep local expertise, and a relentless commitment to achieving the best outcomes—whether buying, selling, or investing.

Products & Services
Expert Guidance – Personalized support for buyers and sellers navigating the Fraser Valley market.

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Proven Selling Strategies – Strategic advice to help you sell quickly and for the best price.

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WHAT CLIENTS SAY:

"We hired Julie as our realtor and she always went above and beyond the call of duty for us.She found us the perfect place it took some time but she said be patient and she was right highly recommend Julie as a realtor." - WR
“Julie Pollard is an extremely knowledgeable and professional Realtor who puts the needs of her clients as her priority. She is well informed about the areas she serves which makes her best placed to advise people who may be new to the region and she is a fabulous negotiator. I highly recommend Julie to friends, family and anyone who is looking for honest upfront service." - SJ
“Julie is a professional. She brings years of experience.and along with her phonographic talent will make your property shine. I am very pleased to recommend her when selling your home! No one works harder!!" -SS

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350 ST PHILIPPE STREET

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