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. (id:56069)
| MLS® Number | 40593253 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Place Of Worship, Playground, Schools, Shopping |
| CommunityFeatures | Community Centre, School Bus |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 1 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| BedroomsTotal | 6 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructionMaterial | Wood Frame |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Other, Wood |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1900 Sqft |
| Type | Fourplex |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Playground, Schools, Shopping |
| Sewer | Septic System |
| SizeDepth | 88 Ft |
| SizeFrontage | 36 Ft |
| SizeIrregular | 0.07 |
| SizeTotal | 0.07 Ac|under 1/2 Acre |
| SizeTotalText | 0.07 Ac|under 1/2 Acre |
| ZoningDescription | Ha-c4 |
https://www.realtor.ca/real-estate/26938257/122-king-street-burford
Contact us for more information
Adam Degroote
Broker
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
