70 Victoria Street E, New Tecumseth, ON L9R 1R2
$4,349,999
$4,349,999
MLS®#:
N12753100
Property Type:
Investment
Property Style:
Area:
Simcoe
Community:
Alliston
Taxes:
$27,812 / 2025
Added:
February 03 2026
Lot Frontage:
88
Lot Depth:
108
Status:
Active
Outside:
Year Built:
31-50
Brokerage:
CENTURY 21 WENDA ALLEN REALTY
Lot :

108

88

Intersection:
Victoria St E & Centre St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Electric Forced Air
Heating Fuel:

Listing Details

70 Victoria St E Located in the Heart of Alliston is a Prime Mixed-Use Building that is Highly Sought-After due to its Premium Visibility & Foot Traffic. Solid Retail Long Term Leases with Extensive Leasehold Improvements. $$Million$$ Invested in the 4 Retail Units. Franchise Chains, Champs Burgers, Mac N' Wings, Pizzaiola along with Well Respected Cannabis Retailer Green Grove. All Long-Term Leases @ Premium Retail Rents. Upper Level Features 8 Large 2 Bedroom + Den Fully Contained Apartments. Very Well-Maintained Building. Over $250K in Building Renovations Since 2021. Including Common Area Upgrades, Hot Water Tanks, Parking Lot Resurfacing, All Rooftop Units Replaced, Full Apartment Renos and much more. Expansive Front and Rear Parking Areas. 6 of the 8 Residential Leases are Below Market & Month-to-Month. Tons of Upside Potential as this Building has a Fantastic Reputation Within the Community, PLUS it's Unbeatable Location! Massive Potential for Redevelopment in the Future if so Desired. The Number on this Investment Property will Impress.

Insights

  1. Strong Rental Income Potential: The property features solid long-term leases with established franchise chains and a well-respected cannabis retailer, ensuring a steady cash flow for investors.
  2. Recent Renovations and Upgrades: Over $250K has been invested in renovations since 2021, enhancing the building's appeal and reducing immediate maintenance concerns for new owners.
  3. Prime Location with Upside Potential: Located in the heart of Alliston with high visibility and foot traffic, the property offers significant redevelopment potential and is well-regarded within the community.

Neighborhood Overview

Complete neighborhood profile for 70 Victoria Street E

Alliston home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Alliston
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)