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$ 779,900
Est. payment /mo
Active
122 KING ST Brant, ON N0E 1A0
6 Beds
3 Baths
UPDATED:
08/28/2024 12:31 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X8368820
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,866
Tax Year 2023
Property Description
Calling all investors, business owners and multi-generational home buyers. Please take note of 122 King St, Burford, a four-unit multi-purpose building located in the downtown core. Featuring a spacious up and down residential triplex with two spacious 2-bedroom upper units and a 2 bedroom, recently renovated lower unit. Out front is a commercial store front, currently rented for 2024 for food take-out. The entire property is currently leased out; the three residential units to long standing, and in-good-standing tenants. The commercial unit is a brand-new tenant on a short-term lease currently. This rare find is zoned HA-C4 with numerous uses permitted, including retail, office, daycare, grocery store, floral shop, pharmacy, restaurant, school etc. Current monthly gross income of $3,931.64 but increasing in September by LTB guidelines. Great main street exposure and terrific traffic count coupled with and an expanding local population give increased future demand for this type of property and located just 10 mins to Hwy 403, 10 mins to Brantford, 10 mins to Paris. Book your private viewing now before this opportunity passes you by.
Location
State ON
County Brant
Area Burford
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Garage Lane
Garage Spaces 1.0
Pool None
Waterfront No
Waterfront Description None
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 1
Building
Unit Features Place Of Worship,Rec./Commun.Centre,School,Library,Park,School Bus Route
Foundation Stone
Others
Security Features Smoke Detector
Listed by RE/MAX TWIN CITY REALTY INC.