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9 Beds 5 Bath

94 King St

Essa L0M 1B0 Ontario

MLS: N11921264

$1,599,900

Added 20 days ago | For Sale

Listed by: RE/MAX HALLMARK CHAY REALTY

About Property

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!

Features

  • House Style:Multiplex
  • Bathrooms:5
  • Land Size:
  • Water:Municipal
  • Garage Spaces:0 /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Mill to King
  • Basement:None ,
  • Possession Date:30 days tba
  • Annual Property taxes: $5397.12
  • Bedrooms:9 +2
  • Total Parking Spaces:12
  • Parking Places:12
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:Vinyl Siding
  • Fronting On:S
  • Front Footage:250.64
  • Listing ID:N11921264

Rooms Dimensions Description

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Average Sale Prices per Month in Essa
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9 Bedrooms Multiplex House Essa
Monthly Sales Trends in Essa
This graph showcases the monthly sales trends in Essa, offering valuable insights for both buyers and sellers in the real estate market.
9 Bedrooms Multiplex House Essa
Avg Price for 9 Bedroom Multiplex house in Essa
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