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$2,400,000
Available - For Sale
Listing ID: X8094148
7% cap rate with potential for better! River view! Renovated 4-story, 14-unit apartment building of a total 10,000sqf. Two main-level commercial units of approx 1000 sq ft & 1800 sq ft. Run your own business for retail / doctor office/ restaurants / banks. In one of best locations in Core Downtown Brockville. Immediately opposite to CIBC bank, short walk to tall ships, tourist rail tunnel, city hall, banks, restaurants and river. Most windows 2017 to 2020, roof 2020. Natural gas boiler heating system. Half of units recently renovated with new flooring, kitchen & baths. 4 parking, security cameras, led lights in the renovated units. Laundry in building. VTB Available.
Extras:   VTB available. 14 units multiple residential with turnkey operations, great income, large upside potential, 12 residential and 2 commercial units.
Price $2,400,000
Taxes: $28,889.42
Tax Type: Annual
Assessment Year: 2023
Occupancy by: Tenant
Address: 87-93 King St West , Brockville, K6V 3R1, Ontario
Postal Code: K6V 3R1
Province/State: Ontario
Legal Description: Blk 29 Pt Lot 33 Pt Lot 34 Pt Lot 35
Lot Size: 49.85 x 111.3 (Feet)
Directions/Cross Streets: King St W & Apple St.
Zoning: Mixed Use
Category: Apartment
Use: Apts-13 To 20 Units
Building Percentage: Y
Total Area: .13
Total Area Code:  Acres
Office/Appartment Area: 7200
Office/Appartment Area Code: Sq Ft
Retail Area: 2800
Retail Area Code: Sq Ft
Sprinklers: N
Heat Type: Gas Hot Water
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SAVE MAX REAL ESTATE INC.

87-93 King St West , Brockville, K6V 3R1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Leeds & Grenvi
Municipality: Brockville
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Style:
Lot Size: 49.85 x 111.30(Feet)
Approximate Age:
Tax: $28,889.42
Maintenance Fee: $0
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