94 King Street, Essa, ON Image 1

$1,499,900

$1,599,900
6.3% dropped

Last price change Jun 6

Multiplex For Sale
MLS - #N11921264
Jun 6- By RE/MAX HALLMARK CHAY REALTY

94 King Street, Essa, ON L0M 1B0

11 Bed
5 Bath
< 700 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

2-Storey

Approx. Area

< 700 Sqft

About 94 King Street

REAL ESTATE - THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks for long term appreciation. Tap in to the potential for development/expansion with R3-2 zoning, 250 ft frontage, triple AAA location, high walking score to shopping and restaurants, 2 minute walk to Angus Morrison Elementary public school! Comprised of 5 2BR & 1 1BR apts, 12 assigned parking spots , (lots of room for more!), tenants pay heat/hydro. Good tenants in all units. With the recent announcement of the massive HONDA expansion in Alliston (20 minutes away), this area is poised for tremendous growth. LINX public transit offers routes from Wasaga Beach - Angus- Barrie Mon-Fri. Base Borden is 5 minutes away offering public rec/gym memberships at discounted prices. Enjoy owning an investment property in a lucrative area slated for growth and development. Financials available to serious enquiries. This property is a solid investment with a 5% cap rate and units valued at approx $250,000 each which is hard to find!

Home Overview

Last updated

Jun 6

Virtual tour

None

Basement information

None

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:None
Cooling:None
Heating:Baseboard
Parking Features:Reserved/Assigned
0
Similar Homes Found
$0
Average Price
149990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 94 King Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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ESTIMATED PAYMENT

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