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 THE THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING. YEARLY INCOME $58681.2, TENANT PAYS HYDRO, AND GAS. SELLER PAYS TAXES AND INSURANCE ONLY. POSSIBILITY TO STAY IN ONE UNIT AND RUN YOUR OWN BUSINESS. RETAIL STORE HAS ITS OWN KITCHENAID&2, 2 PIECES WASHROOM, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, WON'T LAST LONG. THE PROPERTY IS FEW STEPS FROM PROPOSED LRT STOP. **** EXTRAS **** LOCATED IN DOWNTOWN 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 4 SAVVY INVESTOR (id:47423)
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Detailed Information
Bathrooms
4
Lot
29.08 x 100.5 ft
Listing Contract Date
2024-10-04
Location Description
KING ST E & FAIRLEIGH AVE N
# of Parking Spaces
3
Property Type
Retail
Transaction Type
For sale
Zoning Description
T0C3
Building
Appliances
Dryer, Washer
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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