$1,499,900 FOR SALE

Multiplex

Bedrooms: 8Bathrooms: 7Lot: 37 x 97 ft

32 King Street E
Cavan Monaghan (Millbrook), ON L0A 1G0

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:47423)

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Listed By ROYAL HERITAGE REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9369567
Last Updated Sep 26, 2024
Property Summary
Property Type Multiplex

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Community Millbrook
Price History
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Detailed Information
Bedrooms 8
Bathrooms 7
Lot 37 x 97 ft
Features Lane
Listing Contract Date 2024-09-26
Location Description HWY 115 TO HWY 10 SOUTH. TURN RIGHT (EAST) ON KING ST
# of Parking Spaces 5
Property Type Multi-family
Transaction Type For sale
Zoning Description CMU1
Building
Amenities Separate Electricity Meters
Appliances Water Heater, Water meter
Basement Type Crawl space
Cooling Type Central air conditioning
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Electric
Heating Type Baseboard heaters
Type Other
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size 37 x 97 FT
Sewer Sanitary sewer
Size of Irregular Land 37 x 97 FT

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