94 KING STREET W
Brockville, Ontario
MLS® X13061956
$1,625,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13061956
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 27Listing description
Cento Capital Presents the King West Lofts at a 7% Cap - Turnkey mixed-use investment opportunity in the heart of Brockville at 94 King St W. This well-maintained asset features 8 total units including 5 residential and 3 commercial, generating a strong net operating income of $113,962. 66.
Seller may be open to a VTB / Seller Financing. Experienced property management and trusted contractor team in place, offering seamless continuity and added value for the new owner. The property benefits from recent capital improvements two completely new units to the studs, one renovated unit, updated rear siding, newer windows in rear units, reducing near-term expenses.
All five residential units include in-suite laundry, supporting tenant retention and rental growth. The commercial component is anchored by established tenants including one occupant of over 50 years, providing exceptional income stability. Additional value includes 5 on-site parking spaces in a desirable downtown location.
Ideal for investors seeking consistent cash flow, reliable tenancy, and a proven income-producing asset. Tenants pay own Hydro. Landlord pays water.
No Gas.
Property summary
- MLS® number
- X13061956
- Property type
- Retail
- Square footage
- 5,678 sq ft
- Land size
- 50 x 91.4 FT
- Annual property taxes
- $12,390.62
- Parking
- 5 spaces
- Days on market
- 119 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- Partially air conditioned
- Appliances
- Washer, Dryer
What would this home cost you?
Based on the $1,625,000 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 RE/MAX ESCARPMENT REALTY INC., BROKERAGE, ST. CATHARINES.
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.