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94 King Street Image 1

$1,599,900

$1,799,999
11.1% dropped

Last price change Feb 3

Jan 13Investment For Sale
bedroomsbed
washrooms0bath
MLS - #N11921394

94 King Street, Essa, ON L0M 1B0

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Average Price
159990000.0%
Higher than average

Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 94 King Street

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 School! Comprised of 5 2BR & 1 BR 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 offering a 5% cap rate and units valued at $167,000.00 each, which is hard to find!

Home Overview

Last updated

Feb 3

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

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Listed by RE/MAX HALLMARK CHAY REALTY

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 94 King Street

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