$1,150,000 FOR SALE

Investment

Lot: 39.99 x 111.5 ft
2023 Taxes: $10,906

73 KING St W
Brockville, ON K6V 3R1 | 810 - Brockville | Leeds & Grenville

Circa 1875 stone 8-unit in the heart of all the activities in historic downtown Brockville,one block from city centre on major thoroughfare, high visibility & heavy traffic area, consisting of five large 2 bedroom apts on the 2nd & 3rd floors & 3 leased street level retail units, close to many retail stores & restaurants, 2 blocks from the St. Lawrence River, free downtown parking, breaker panels, tenants pay hydro & water, 40 ft x 111.5 ft lot, since Jan. 2020 major repairs & renovations to the heating system (boilers, pipes, radiators),roof, building exterior & common areas, electrical. Complete renovations to 3 apts including appliances, floors, kitchen cabinets, baths, water heaters, lighting, painting, reconfiguration of floor plan in one apt, renovation of one commercial unit, including new floor, ceiling, paint, great upside potential in the rental income with 2 apts at $839 each, should be $1500. All commercial tenants paid thru lockdown, buy before values skyrocket,cash cow

Share

Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9515324
Last Updated Dec 19, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 441630067
Legal Description LT 31 BLK 29 PL 67; BROCKVILLE
Occupancy Tenant
Possession Date TBA
Taxes (2023) $10,906
Directions/Cross Streets 73 KING ST W, CORNER OF ST ANDREW & KING ST W BROCKVILLE
Neighbourhood 810 - Brockville
Area Leeds & Grenville
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 39.99 x 111.5 ft
Air Conditioning Central Air
Amps 400
Heat Type Water
Gross Income/Sales $118,841
Net Income Before Debt $75,194
Insurance Expense $7,350
Operating Expenses $43,647
Sewers Sewers
Water Municipal
Zoning LOCAL COMMERCIAL (LC
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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.