For Sale

32 King Street, Cavan Monaghan (Millbrook), Ontario L0A1G0

$1,399,900

32 King Street, Cavan Monaghan (Millbrook), Ontario L0A1G0 is For Sale and has a listing price of 1,399,900. The property is located in the Cavan Monaghan neighbourhood. It's been on the website for 49 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 8
    Bedrooms
  • 7
    Bathrooms
  • Detached Garage
    Parking
  • 5
    Parking Spaces
  • MLS ID: X9369567
  • Office Name ROYAL HERITAGE REALTY LTD.
Property Description

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:43137)

Property Details
  • Bedrooms: 8
  • MLS ID: X9369567
  • Bathrooms: 7
  • Price: $1,399,900
  • Transaction Types: For Sale
  • Ref ID: 27471930
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/26/2024 X9369567 $1,399,900 For Sale - -
09/26/2024 X9369566 $1,399,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cavan Monaghan
  • $1,170,190 Average List Price
    based on 1 year
  • 24 New Listings
    based on 30 days
  • 121 Median Days on Market
    based on 1 year
  • List vs. Selling Price 118.31 % Up
  • Sold (12mo) 59
  • Rented (12mo) 6

  • 1 Month Change -8.1%
  • 3 Month Change +3.7%
  • 6 Month Change -12.0%
Walkscore
  • 53 Walk Score
    Somewhat Walkable
  • 33 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    83.44%
  • All Houses/Commercial
    0.13%
  • Commercial
    12.05%
  • Land for Sale
    4.37%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Electric
  • Basement2 Crawl Space
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 5
  • Property Features Lane
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/09/2024 00:00:00
  • Zoning Rl5-0
  • Agent Name: GREGORY CARLO RET
  • Last Updated: 31/10/2024 17:00:10
Open House Dates
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