GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 COMMERCIAL UNIT + 3 RESIDENTIAL UNITS! 2 RESIDENTIAL UNITS ARE ONE BEDROOM AND THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA TENANTS, THE RETAIL UNIT IS A 1750 SQFT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING, YEARLY INCOME IS $58681.2, AND TENANT PAYS ALL THEIR UTILITIES, EXCEPT GAS. THE SELLER PAYS PROPERTY TAXES, INSURANCE AND GAS. POSSIBILITY TO STAY IN ONE UNIT AND OTHER UNITS CAN BE RENTED. THE RETAIL STORE HAS A KITCHENETTE AND 2 WASHROOMS, INCLUDING DISABLED WASHROOM DONT MISS THIS OPPORTUNITY WON'T LAST LONG. **** EXTRAS **** THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS FOR SAVVY INVESTORS. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
1
Lot
29.08 x 100.5 ft
Listing Contract Date
2025-01-10
Location Description
KING ST E & FAIRLEIGH AVE N
# of Parking Spaces
3
Property Type
Retail
Transaction Type
For sale
Zoning Description
T0C3
Business
Business Type
Retail and Wholesale
Business Subtype
Retail misc.
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
3826 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=29.13 x 100.56 FT ; 100.56X29.13X26.05X.5FTX69.85FTX29.48FT
Sewer
Sanitary sewer
Size of Irregular Land
Bldg=29.13 x 100.56 FT ; 100.56X29.13X26.05X.5FTX69.85FTX29.48FT
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