173 King

Home Details

Description

This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **** EXTRAS **** Some tenants have laundry and others don't. (id:39198)

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Additional media

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Property taxes

$6,412.79 per year / $534.40 per month

Basement

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Year build

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Type

Multi-family

Bedrooms

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Bathrooms

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Parking spots

12 Total

Floor

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Balcony

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Pool

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External material

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Roof type

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Lot frontage

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Lot depth

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Heating

Forced air, Natural gas

Fire place(s)

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