$779,900

Investment For Sale In Burford, Ontario

$779,900

Property Information:

Calling all investors, business owners and multi-generational home buyers. Please take note of 122 King St, Burford, a four-unit multi-purpose building located in the downtown core. Featuring a spacious up and down residential triplex with two spacious 2-bedroom upper units and a 2 bedroom, recently renovated lower unit. Out front is a commercial store front, currently rented for 2024 for food take-out. The entire property is currently leased out; the three residential units to long standing, and in-good-standing tenants. The commercial unit is a brand-new tenant on a short-term lease currently. This rare find is zoned HA-C4 with numerous uses permitted, including retail, office, daycare, grocery store, floral shop, pharmacy, restaurant, school etc. Current monthly gross income of $3,931.64 but increasing in September by LTB guidelines. Great main street exposure and terrific traffic count coupled with and an expanding local population give increased future demand for this type of property and located just 10 mins to Hwy 403, 10 mins to Brantford, 10 mins to Paris. Book your private viewing now before this opportunity passes you by.

Inclusions: Smoke Detector,Washer, Dryer, Three Refrigerators And Three Stoves Included But In "as-Is" Condition.

Exclusions : Stove In Unit 1 To Be Replaced. Tenants Belongings.

Building Features:

  • Floor Space: 1900 Square Feet

Property Features:

  • Bedrooms: 6
  • Accessibility Features: Fire Escape
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Wood Siding, Other
  • Cooling: Central Air
  • Driveway Parking: Lane/Alley Parking
  • Floor Space (approx): 1900 Square Feet
  • Heating: Electric, Forced Air, Natural Gas
  • Laundry Features: Common Area, Shared
  • Lot Depth: 88.41 Feet
  • Lot Features: City Lot, Library, Park, Place of Worship, Playground Nearby, Public Parking, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 36.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Other
  • Zoning: HA-C4
  • Sewer: Septic Tank
  • No. of Parking Spaces: 1

Courtesy of: Re/Max Twin City Realty Inc

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved