$2,300,000 FOR SALE

Investment

Lot: 49.85 x 111.3 ftTotal Area: 0.13 acres
2023 Taxes: $28,889.42

87-93 King St W
Brockville, ON K6V 3R1 | Leeds & Grenvi

7% cap rate with potential for better! River view! Renovated 4-story, 14-unit apartment building of a total 10,000sqf. Two main-level commercial units of approx 1000 sq ft & 1800 sq ft. Run your own business for retail / doctor office/ restaurants / banks. In one of best locations in Core Downtown Brockville. Immediately opposite to CIBC bank, short walk to tall ships, tourist rail tunnel, city hall, banks, restaurants and river. Most windows 2017 to 2020, roof 2020. Natural gas boiler heating system. Half of units recently renovated with new flooring, kitchen & baths. 4 parking, security cameras, led lights in the renovated units. Laundry in building. VTB Available.

Extras
VTB available. 14 units multiple residential with turnkey operations, great income, large upside potential, 12 residential and 2 commercial units.

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Listed By SAVE MAX REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8094148
Last Updated Feb 26, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 13 to 20 Units
Category Apartment
PIN 441630062
Legal Description Blk 29 Pt Lot 33 Pt Lot 34 Pt Lot 35
Occupancy Tenant
Taxes (2023) $28,889.42
Tax Type Annual
Directions/Cross Streets King St W & Apple St.
Area Leeds & Grenvi
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
Freestanding Y
Lot 49.85 x 111.3 ft
Retail Area 2,800 ft2
Office/Apt Area 7,200 ft2
Total Area 0.13 acres
Elevator None
Air Conditioning N
Basement Y
Garage Type None
Parking Spaces 4
Heat Type Gas Hot Water
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning Mixed Use
Seller Property Info Statement N

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