114 DURHAM STREET E
Brockton, Ontario
MLS® X13514700
$399,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13514700
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 23Listing description
Excellent mixed-use investment opportunity in the heart of downtown Walkerton. This income-producing property features three street-level commercial units and two residential apartments, offering stable income with additional upside through one vacant commercial unit ready for lease or owner occupancy. At the current asking price, the property offers an approximate 8% cap rate based on existing income and expenses.
Each commercial unit has its own hydro meter, electric heat, hot water heater, and private washroom. The residential component includes a tenanted one-bedroom main-floor apartment and a tenanted three-bedroom second-floor apartment, both with in-suite laundry. A solid investment opportunity with immediate cash flow and future growth potential.
Property summary
- MLS® number
- X13514700
- Property type
- Retail
- Size
- 2,606 sq ft
- Land size
- 0.107 acres
- Annual property taxes
- $2,161.79
- Days on market
- 88 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- None
- Appliances
- Dryer, Microwave, Two Washers, Water Heater
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $399,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, MILDMAY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.