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$1,625,000
Available - For Sale
Listing ID: X13061956
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: $12,390.62
Tax Type: Annual
Occupancy by: 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.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Building Percentage: T
Total Area: 5,678
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Water Expense: $3432
Net Income Before Debt: $113963
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
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RE/MAX ESCARPMENT REALTY INC., BROKERAGE

94 King Street West , Brockville, K6V 3P6, Leeds and Grenvi

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Commercial Retail
Area: Leeds and Grenville
Municipality: Brockville
Neighbourhood: 810 - Brockville
Style:
Lot Size: x 91.40(Feet)
Approximate Age:
Tax: $12,390.62
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949