$1,150,000
FOR SALE

Investment

Lot: 39.99 x 111.5 ftTotal Area: 10,000 ft2
2023 Taxes: $10,906

73 KING St W
Brockville, ON K6V 3R1 | 810 - Brockville | Leeds and Grenville

Circa 1875 stone 8-unit in the heart of all the activities in historic downtown Brockville,one block from city centre on major thoroughfare, high visibility & heavy traffic area, consisting of five large 2 bedroom apts on the 2nd & 3rd floors & 3 leased street level retail units, close to many retail stores & restaurants, 2 blocks from the St. Lawrence River, free downtown parking, breaker panels, tenants pay hydro & water, 40 ft x 111.5 ft lot, since Jan. 2020 major repairs & renovations to the heating system (boilers, pipes, radiators),roof, building exterior & common areas, electrical. Complete renovations to 3 apts including appliances, floors, kitchen cabinets, baths, water heaters, lighting, painting, reconfiguration of floor plan in one apt, renovation of one commercial unit, including new floor, ceiling, paint, great upside potential in the rental income with 2 apts at $839 each, should be $1500. All commercial tenants paid thru lockdown, buy before values skyrocket,cash cow
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9515324
Last Updated Feb 05, 2025
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 441630067
Legal Description LT 31 BLK 29 PL 67; BROCKVILLE
Occupancy Tenant
Possession Date TBA
Taxes (2023) $10,906
Tax Type Annual
Directions/Cross Streets 73 KING ST W, CORNER OF ST ANDREW & KING ST W BROCKVILLE
Neighbourhood 810 - Brockville
Area Leeds and Grenville
Price History

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Detailed Information
Freestanding Y
Lot 39.99 x 111.5 ft
Total Area 10,000 ft2
Air Conditioning Y
Amps 400
Heat Type Gas Hot Water
Gross Income/Sales $118,841
Net Income Before Debt $75,194
Insurance Expense $7,350
Operating Expenses $43,647
Year Expenses $2,024
Expenses Actual/Estimated Act
Water Municipal
Zoning LOCAL COMMERCIAL (LC
Seller Property Info Statement N

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