A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 94 King St, Essa Ontario L0M 1B0
24 days on Market

94 King St, Essa, Ontario L0M 1B0

Townhouse
9 + 2
5
- sqft
$1,599,900
Get pre-qualifiedPowered by Neo Mortgage
Townhouse
9 + 2
5
- sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,871/mo

Tax Amount (2024)$5,397/yr

Days On Market24 days


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!


Property Details

Style2-Storey
View-
Age of property31-50
SqFt-
Lot Size18,592 SqFt(74.18 x 250.64)
Parking Spaces12
MLS ®NumberN11921264
Community NameEssa
Data SourceTRREB
Listing byRE/MAX HALLMARK CHAY REALTY

Features

Heating: Baseboard

Features

Lot size: 18,592 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

Jan 13, 2025
ListedActive
$1,599,900
24 days on market
history photo preview14
Listing by trreb®
Property listed by RE/MAX HALLMARK CHAY REALTY, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 24117
Average household income $131,310

Age (%)

0 to 19
26%
35 to 49
22%
50 to 64
21%
20 to 34
20%
65 and plus
12%

Household composition (%)

Single family
78%
Single person
18%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
88%
Others
4%
French
4%
Portuguese
1%
Spanish
1%

House tenancy (%)

Owners
81%
Renters
19%

Schools and amenities

Estimated Budget