$1,250,000
$1,250,000
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32 King ST E Cavan Monaghan, ON L0A 1G0
3,589 SqFt
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,589 sqft
Price per Sqft $348
Subdivision Millbrook Village
MLS Listing ID X12069244
Sold Date 07/29/25
Annual Tax Amount $4,712
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
50K Price Reduction. Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.
Location
Province ON
County Peterborough
Community Millbrook Village
Area Peterborough
Zoning CMU1
Interior
Cooling Yes
Exterior
Parking Features Lane
Utilities Available Yes
Building
Lot Description Lot
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