More Photos

×

    For Sale - 29 SYKES Street, Meaford, Ontario

    Est payment $8,091/mo
    Get pre-qualified
    Views   1
    Time on Jump  3 day

    AI Summary *

    • Prime downtown location with main street visibility for business and residential use.
    • Fully tenanted with reliable income from commercial and residential units.
    • Modernized commercial space ready for long-term tenancies with updated features.
    • Flexible additional space allows for storage or potential extra income.
    • Opportunity for future growth and development with existing site plan approvals.




    In the heart of downtown meaford, this fully tenanted mixed-use building presents an opportunity to acquire an established, income-producing asset with prominent main street frontage. Comprised of approximately 4,800 sq ft of main-floor commercial space and two residential units above, the property combines strong in-place income with future upside in a market attracting continued interest from investors and end users. The main-floor commercial space has been extensively modernized with updated flooring, lighting, drywall, washrooms and mechanical systems, creating a clean and functional environment for long-term tenancy. A current commercial lease provides dependable income from day one. At the rear, a truck-height loading door offers practical access, while an additional approximately 500 sq ft space provides flexibility for storage, service use or potential additional income. A large, dry basement offers further underutilized space. Above, two bright, two-storey residential units feature large windows and 10-foot ceilings. The two-bedroom unit has been updated with a new kitchen and bathroom, while the three-bedroom unit has been freshly painted and retains original character details. Recent capital improvements include roof resurfacing at the rear in 2023 and front in 2024, electrical panel updates, a new furnace and air conditioning, helping to minimize near-term capital requirements. Beyond the existing income streams, the property offers longer-term value-add potential through future rent growth and repositioning. Existing site plan approvals allow for future intensification, including a rear addition, providing flexibility to increase both scale and returns over time. A well-located main street holding offering immediate cash flow, established tenancy and multiple avenues for future growth. Financials available upon request.
    Listing IDX13842530
    Address29 SYKES Street
    CityMeaford, Ontario
    Price$1,685,000
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Major Highway, SkiingBasement 1Heating / Cooling Gas Forced Air ClosedHeating Fuel Gas

    ASAP

    Sun

    4

    Oct

    Mon

    5

    Oct

    Tue

    6

    Oct

    Wed

    7

    Oct

    Thu

    8

    Oct

    Fri

    9

    Oct

    Sat

    10

    Oct

    Sun

    11

    Oct

    Mon

    12

    Oct

    Tue

    13

    Oct

    Wed

    14

    Oct

    Thu

    15

    Oct

    Fri

    16

    Oct

    Sat

    17

    Oct

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: Forest Hill Real Estate Inc.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    245337 22 Side Road
    Meaford, Ontario.
    3 Beds | 4 Baths
    $1,695,000
    32 Nelson Street
    Meaford, Ontario.
    5 Beds | 4 Baths
    $1,699,000
    122 Algonquin Drive
    Meaford, Ontario.
    6 Beds | 4 Baths
    $1,499,999
    120 Mimi Crescent
    Meaford, Ontario.
    4 Beds | 3 Baths
    $1,699,000
    47 Vera Street
    Meaford, Ontario.
    4 Beds | 3 Baths
    $1,599,000
    295 Lakeshore Road
    Meaford, Ontario.
    4 Beds | 4 Baths
    $1,799,000
    145 St Vincent Street
    Meaford, Ontario.
    5 Beds | 5 Baths
    $1,499,000
    359288 Grey Rd 15 N/a
    Meaford, Ontario.
    4 Beds | 3 Baths
    $1,550,000
    125 Mountain Road
    Meaford, Ontario.
    3 Beds | 2 Baths
    $1,599,000
    Loading...
    29 Sykes Street
    Meaford , Ontario
    $1,685,000
    Get more info