23-29 King St E Cramahe, Ontario K0K 2T0
$2,375,000
9.2% cap rate aprox. based on full occupancy. 17 apartments + 3 Commercial building with 1 x Bach, 10 x 1Bed, 6 x 2Bed, and 3 Commercial. All vacant units except commercial. All units renovated and ready to rent. Gross income of approx. $340,800. Commercial tenancies, two are due for rent increases by end of 2023. Clean enviro 2023, Fire retrofit 2023. Water billing is being done by Aquatech Water Services since 2020. Disclaimer: As the building is vacant, numbers are estimated based on similar buildings in the region. (id:26892)
Property Details
| MLS® Number | X6782688 |
| Property Type | Multi-family |
| Community Name | Colborne |
Building
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 64 X 222 Ft |
| Size Total Text | 64 X 222 Ft |
https://www.realtor.ca/real-estate/26005288/23-29-king-st-e-cramahe-colborne
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October 10 2023 08:32:31
Toronto Real Estate Board
Mysak Realty Inc.