Calling all investors, business owners and multi-generational home buyers. Please take note of 122 King St, Burford, a four-unit multi-purpose building located in the downtown core. Featuring a spacious up and down residential triplex with two spacious 2-bedroom upper units and a 2 bedroom, recently renovated lower unit. Out front is a commercial store front, currently rented for 2024 for food take-out. The entire property is currently leased out; the three residential units to long standing, and in-good-standing tenants. The commercial unit is a brand-new tenant on a short-term lease currently. This rare find is zoned HA-C4 with numerous uses permitted, including retail, office, daycare, grocery store, floral shop, pharmacy, restaurant, school etc. Current monthly gross income of $3,931.64 but increasing in September by LTB guidelines. Great main street exposure and terrific traffic count coupled with and an expanding local population give increased future demand for this type of property and located just 10 mins to Hwy 403, 10 mins to Brantford, 10 mins to Paris. Book your private viewing now before this opportunity passes you by. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
4
Lot
36 x 88 ft
Amenities Nearby
Park, Place of Worship, Playground, Schools, Shopping
Community Features
Community Centre, School Bus
Equipment
Water Heater
Listing Contract Date
2024-05-24
Location Description
Just one building west of the main intersection in Burford, on the north side of the street.
Ownership Type
Freehold
# of Parking Spaces
1
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
HA-C4
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Construction Material
Wood frame
Cooling Type
Central air conditioning
Exterior Finish
Other, Wood
Foundation Type
Stone
Heating Fuel
Electric, Natural gas
Heating Type
Forced air
Stories Total
2
Type
Fourplex
Land
Total Size
0.07 acres
Amenities
Park, Place of Worship, Playground, Schools, Shopping
Sewer
Septic System
Size of Irregular Land
0.07
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