Matthew Tenk
Broker of Record
32 King Street E Cavan Monaghan (Millbrook), Ontario L0A 1G0
$1,399,900
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:39551)
Property Details
| MLS® Number | X9369567 |
| Property Type | Multi-family |
| Community Name | Millbrook |
| Features | Lane |
| Parking Space Total | 5 |
Building
| Bathroom Total | 7 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Meter |
| Basement Type | Crawl Space |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 97 Ft |
| Size Frontage | 37 Ft |
| Size Irregular | 37 X 97 Ft |
| Size Total Text | 37 X 97 Ft |
| Zoning Description | Cmu1 |
https://www.realtor.ca/real-estate/27471930/32-king-street-e-cavan-monaghan-millbrook-millbrook
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Toronto Real Estate Board
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October 31 2024 05:00:10
