32 King Street E Cavan Monaghan, 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:50886)
Property Details
| MLS® Number | X9369567 |
| 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/27471930/32-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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 31 2024 05:00:10
Toronto Real Estate Board
Royal Heritage Realty Ltd.