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102 QUEEN STREET S, New Tecumseth (Tottenham) — listed at $699,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional Cash Flow & Investment Opportunity in the Heart of Tottenham! Situated on a rare 82.5-foot frontage on a large lot along one of Tottenham's busiest Main Street corridors, this high-visibility property benefits from constant vehicle traffic, outstanding exposure, and exceptional long-term investment appeal. With exciting future development and commercial potential (buyer to complete their own due diligence), this is a unique opportunity for investors, developers, or business owners looking to secure a prime location in a growing community. This spacious property features 6 bedrooms and 6 washrooms, offering outstanding versatility for investors or multi-generational families. Currently generating over $70,000 in annual rental income, it provides immediate cash flow with additional upside. The unfinished basement presents an excellent opportunity to create even more rental income or customize the space to suit your needs. Ideally located within walking distance to shops, restaurants, schools, and everyday amenities, this is a rare opportunity to own a high-exposure, income-producing property on a premium Main Street lot with tremendous future upside. Recent upgrades include new windows, roof, interior and exterior pot lights, and many additional improvements. A truly one-of-a kind investment opportunity with income today and exceptional potential for tomorrow. (id:60164)
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What's the parking situation?+
This property includes 6 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is 102 QUEEN STREET S a good fit for a growing family?+
With 6 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,186, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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