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Key Facts
Key facts for 251 King Street E
Property Type
House, Bungalow
Parking
None 0 garage, 15 parking
MLS #
X11991826
Size
1100-1500 sqft
Basement
Separate Entrance,Apartment
Listed on
2025-02-26
Lot size
79 x 246.21
Tax
$7,479.34 /yr
Days on Market
75
Approximate Age
51-99
Maintenance Fee
-
Description
The multi-plex opportunity you were looking for is right here with a 6.8% cap rate! This unique property offers incredible versatility, featuring three separate units and many possibilities. Situated on a 79ft by 224ft lot, there are two separate residences plus a storage building. The upper-level o...f the main bungalow was renovated approximately 10 years ago. The open concept main floor has 4 bedrooms and 2 bath, the lower level is a newly renovated separate apartment with separate entrance, new kitchen, flooring, bathroom, and more. The two levels are currently rented together. Behind the main home is a separate two-bedroom coach house with separate address, completely renovated with new kitchen, windows, flooring, and bathroom. So much to offer with 2 owned ACs and furnaces, 3 sets of washers and dryers, 2 hydro, 2 gas, and 2 water meters. Plus, the added onsite storage with an oversized garden shed. All units are permitted and legal with separate entrances, kitchens, laundry, and parking. They offer completely separate living spaces great for multi-generational families, a pure investor, or an owner-occupied property with built-in onsite income.
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