For Sale - 25 King Street, Cavan Monaghan, Ontario

Est payment $6,963/mo
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AI Summary *

  • Stable investment opportunity with long-term growth potential.
  • Located in a rapidly growing and desirable commuter town.
  • Minutes from major highways and close to Peterborough and the GTA.
  • Scenic downtown location with park-like setting and nearby amenities.
  • Eight rental units with ample parking and separate utility metering.




This property delivers stability and long--term upside in today's uncertain financial markets. The town of millbrook is growing fast. Strategically located just minutes from highway 115, 15 minutes from peterborough and under an hour to the gta. It is a desirable, commuter-friendly town with rising demand for quality rentals. Located in the heart of downtown millbrook on a picturesque park-like setting with baxter creek running through the property. Steps to walking trails, shops, restaurants, library and more. The property features five 2 bedroom units and three 1bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles.
Listing IDX13522620
Address25 King Street
CityCavan Monaghan, Ontario
Price$1,449,999
StyleInvestment
Land Size0.47
TypeIndustrial/Commercial
StatusFor Sale

Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air Closed

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Listing Agency:  Re/Max Hallmark First Group Realty Ltd.

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25 King Street
Cavan Monaghan , Ontario
$1,449,999
Get more info