A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 67 King St, Cavan Monaghan Ontario L0A 1G0
7 days on Market

67 King St, Cavan Monaghan, Ontario L0A 1G0

Townhouse
6
4
~3500-5000 sqft
$799,900
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Townhouse
6
4
~3500-5000 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$194/sqft

Monthly cost

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Description

A rare opportunity to acquire a well-maintained Legal 4-plex investment property in the heart of Millbrook-offering small-town charm with the convenience of nearby urban amenities. This turn-key, cash-flowing building has been thoughtfully updated over the past several years, including a newer HVAC system, roof, and exterior doors, giving the property a clean, modern look and reducing future capital expenses. Due to the large sized double lot, future expansion or a severance is a possibility. The building features 2 spacious 2-bedroom units, and 2 one bedroom units, each with parking for two vehicles-a highly desirable and uncommon benefit for tenants in this area. Each unit boasts a private deck and outside sitting area as well. The building showcases generous windows throughout, the property that allows natural light to enhancing both the aesthetic and the overall sense of space. With extremely low vacancy rates in Millbrook and strong rental demand, this property is an excellent fit for investors looking to expand their portfolio or increase passive income with a stable, income-producing asset


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size15,048 SqFt(132 x 114)
Parking Spaces8
MLS ®NumberX13103842
Community NameCavan Monaghan
Data SourceTRREB
Listing byROYAL HERITAGE REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Features

Lot size: 15,048 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by ROYAL HERITAGE REALTY LTD., Brokerage
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Population and Demographics

Overview

Total population 11158
Average household income $140,392

Age (%)

0 to 19
22%
20 to 34
16%
35 to 49
18%
50 to 64
22%
65 and plus
22%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
91%
Renters
9%

What’s nearby?Essentials within 5 km

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