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 dont want to miss!

See more

Additional media

-

Property taxes

$6,412.79 per year / $534.40 per month

Basement

Apartment

Year build

100+

Type

Other

Bedrooms

Bathrooms

0

Parking spots

12.0 Total

Floor

-

Balcony

-

Pool

None

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced Air

Fire place(s)

N