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 $267,000 each which is hard to find!
Address
94 King Street
List Price
$1,599,900
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Essa
Sub-Area
Angus
County
Simcoe
Bedrooms
9 + 2
Bathrooms
5
Lot Size Source
MPAC
Lot Depth
74.18
Lot Shape
Rectangular
Lot Irregularities
Irreg
Lot Size Units
Feet
Lot Width
250.64
Approx. Age
31 - 50 Years
MLS® Number
N11921264
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Basement Area
None
Postal Code
L0M 1B0
Parking
Reserved/Assigned
Parking Places (Total)
12
Tax Amount
$5,397.12
Tax Year
2024
Interior Features
Separate Heating Controls, Water Heater Owned
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Vinyl Siding
Direction Faces
South
Foundation Details
Block
Garage Type
None
Kitchens Total
6
Pool Features
None
Roof
Shingles
Sewer
Sewer