32 King Street E Cavan Monaghan, Ontario L0A 1G0
$1,350,000
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:24801)
Property Details
| MLS® Number | X11923756 |
| Property Type | Multi-family |
| Community Name | Millbrook |
| Features | Lane |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 7 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Meter |
| BasementType | Crawl Space |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 97 Ft |
| SizeFrontage | 37 Ft |
| SizeIrregular | 37 X 97 Ft |
| SizeTotalText | 37 X 97 Ft |
| ZoningDescription | Cmu1 |
https://www.realtor.ca/real-estate/27803074/32-king-street-e-cavan-monaghan-millbrook-millbrook
Interested?
Contact us for more information
Gregory Carlo Ret
Salesperson
501 Brock Street South
Whitby, Ontario L1N 4K8
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January 15 2025 06:02:48
Toronto Real Estate Board
Royal Heritage Realty Ltd.