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$ 1,599,900
Est. payment /mo
Price Dropped by $200K
94 King ST Essa, ON L0M 1B0
11 Beds
5 Baths
UPDATED:
02/03/2025 03:10 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Angus
MLS Listing ID N11921264
Style 2-Storey
Bedrooms 11
Annual Tax Amount $5,397
Tax Year 2024
Property 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!
Location
State ON
County Simcoe
Community Angus
Area Simcoe
Zoning R3-2
Rooms
Basement None
Kitchen 6
Interior
Interior Features Separate Heating Controls, Water Heater Owned
Cooling None
Inclusions all appliances in apartments, 6 stoves, 6 fridges.
Exterior
Parking Features None
Garage Spaces 12.0
Pool None
Roof Type Shingles
Building
Foundation Block
Lited by RE/MAX HALLMARK CHAY REALTY