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$ 1,049,900
Est. payment | /mo
4 Baths
3,826 SqFt
$ 1,049,900
Est. payment | /mo
4 Baths
3,826 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,826 sqft
Price per Sqft $274
Subdivision Gibson
MLS® Listing ID X9383342
Originating Board Toronto Regional Real Estate Board
Property Description
GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 RETAIL UNIT + 3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE-BEDROOM APARTMENTS AND THE THIRD UNIT IS A LOFT APARTMENT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND WITH A FULL BASEMENT R. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING CAN BE AT THE REAR OF THE BUILDING. TENANT PAYS THEIR HYDRO. SELLER PAYS GAS, TAXES, AND INSURANCE. POSSIBILITY TO STAY IN ONE UNIT WHILE RUN YOUR OWN BUSINESS. THE RETAIL STORE HAS ITS KITCHENETTE, FROM WHERE YOU CAN WALK OUT TO THE BACKYARD, AND HAS 2, 2 PIECE WASHROOMS, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, IT WON'T LAST LONG. TENANTS ARE WILLING TO STAY, VACANT POSSESSION IS AVAILABLE. THE PROPERTY IS A FEW STEPS FROM THE PROPOSED LRT STOP, BEING ON KING ST IT IS COMMUTER'S PARADISE. VERY CLOSE TO MOSQUE. **** EXTRAS **** LOCATED IN DOWNTOWN THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS 4 SAVVY INVESTOR (id:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Sewer Sanitary sewer
Listed by HOMELIFE/MIRACLE REALTY LTD