94 KING Street W, Brockville, Ontario, K6V3P9
MLS: 40825868 | Other
$1,625,000
Property 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. (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: None
- Bathrooms: None
- Living Area: 5,678 sq ft (527.5 m²)
- Ownership: Freehold
- Parking: 5.0 spaces
- Frontage: 50 ft (15.2 m)
Costs
- Annual Taxes: $12,390.62
Listing Provided by: CREA DDF® Member Brokerage
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: None
Exterior & Construction
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Zoning: MD
Community & Neighbourhood
- Community: High Traffic Area
- Subdivision: Brockville
Listing Information
Listing History
MLS listing activity for 94 KING Street W, Brockville, Ontario, K6V3P9 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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94 KING Street W, Brockville, Ontario, K6V3P9