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173 King Street

0 Beds
0 Bath
5000 + sqft

$750,000

Est. Payment
$2,864/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by KELLER WILLIAMS REFERRED URBAN REALTY
OtherMLS #X12011514New

Client Remarks

This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **EXTRAS** Some tenants have laundry and others don't.

About This Property

173 King Street, West Nipissing, P2B 1R6

Property Type
Other
Lot Size
N/A
Style
3-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Apartment
Building Size
N/A
Status
In-Active
Property Type
Other
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
173 King Street, West Nipissing, P2B 1R6
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 173 King Street

Default Agent

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