$1,625,000
Available - For Sale
Listing ID: X13061956
94 King Street West , Brockville, K6V 3P6, Leeds and Grenvi
| 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. |
| Price | $1,625,000 |
| Taxes: | $12390.62 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 94 King Street West , Brockville, K6V 3P6, Leeds and Grenvi |
| Postal Code: | K6V 3P6 |
| Province/State: | Leeds and Grenvi |
| Directions/Cross Streets: | Between Buell St. and Court House Ave. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 5678.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Water Expense: | $3432 |
| Net Income Before Debt: | $113963 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Partial |
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| RE/MAX ESCARPMENT REALTY INC., BROKERAGE |
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|
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Leeds and Grenville |
| Municipality: | Brockville |
| Neighbourhood: | 810 - Brockville |
| Tax: | $12,390.62 |
| Fireplace: | N |
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