94 KING STREET, Essa (Angus), Ontario, L0M1B0
MLS: N12930430 | Other
$1,425,000
Property Description
TURN-KEY MULTIPLEX ON A DOUBLE LOT WITH ESTABLISHED TENANTS IN PLACE & CASH FLOW POTENTIAL! Positioned in the heart of Angus within a high-growth area, this turn-key 6-plex offers investors the chance to acquire a substantial multi-residential asset with solid income potential. Set on a double lot with 250 feet of frontage, the property features 11 bedrooms and 6 bathrooms across 5 two-bedroom units and 1 one-bedroom unit, with established tenants already in place. Tenants pay their own heat and hydro, supporting a practical ownership structure. A re-paved driveway provides 12 assigned parking spaces, with additional room to expand parking if needed. Added value comes through a durable steel roof, extra attic insulation, and 6 updated, fully owned hot water tanks. R5 zoning may permit future development or expansion, adding further appeal for buyers looking beyond the existing use. Daily essentials are within walking distance, including restaurants, Angus Morrison Elementary School, a hardware store, a convenience store, and transit, while CFB Borden is just 5 minutes away, and Alliston, Barrie, and Wasaga Beach are all within a 20-minute drive. LINX Transit nearby adds convenient connections to Barrie and Wasaga Beach. For investors with an eye for where value lives, this 6-plex could be exactly what your portfolio has been missing. (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: 11 (11 above)
- Bathrooms: 6
- Parking: 12.0 spaces (No Garage)
- Frontage: 251 ft (76.4 m)
Costs
- Annual Taxes: $5,605.58
Listing Provided by: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Electric
- Cooling: None
- Basement: None
- Appliances: Refrigerator, Stove, Hood Fan
- Utilities: Sewer, Electricity, Cable
Exterior & Construction
- Exterior: Vinyl siding
- Foundation: Block
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 251 ft (76.4 m)
- Features: Irregular lot size, Flat site
- Zoning: R5
Community & Neighbourhood
- Community: Community Centre
- Building: Separate Heating Controls
- Neighbourhood: Angus
Listing Information
Listing History
MLS listing activity for 94 KING STREET, Essa (Angus), Ontario, L0M1B0 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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94 KING STREET, Essa (Angus), Ontario, L0M1B0