Essa, ON L0M 1B0,94 King ST
Essa, ON L0M 1B0,94 King ST
Essa, ON L0M 1B0,94 King ST
Essa, ON L0M 1B0,94 King ST
Essa, ON L0M 1B0,94 King ST
Essa, ON L0M 1B0,94 King ST
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$ 1,599,900
Est. payment | /mo

9 Beds

5 Baths


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$ 1,599,900
Est. payment | /mo
Save

9 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision Angus

MLS Listing ID N11921264

Style 2-Storey

Bedrooms 9

Building Age 31-50

Annual Tax Amount $5,397

Tax Year 2024

Property Sub-Type Multiplex

Property Description

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!

Location

Province ON

County Simcoe

Community Angus

Area Simcoe

Rooms

Family Room No

Basement None

Kitchen 6

Separate Den/Office 2

Interior

Interior Features Separate Heating Controls, Water Heater Owned

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Reserved/Assigned

Pool None

Roof Type Shingles

Lot Frontage 250.64

Lot Depth 74.18

Total Parking Spaces 12

Building

Foundation Block

Listed by RE/MAX HALLMARK CHAY REALTY
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We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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94 King ST