$1,425,000
$1,425,000
Multiplex94 King Street, Essa, ON
2 DAYSon market
11Bedrooms
6Bathrooms
0Garage
5,000Sq Ft















1 / 15
Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Property Highlights
Parking
12 spaces
Property Tax
$5,606/yr
Age
31-50 yrs
Lot Size
< .50 ac
Style
2-Storey
Basement
None
Monthly Cost
$6,484/mo
About This Home
TURN-KEY MULTIPLEX ON A DOUBLE LOT WITH ESTABLISHED TENANTS IN PLACE & CASH FLOW POTENTIAL! Positioned in the heart of Angus within a high-growth area, this turn-key 6-plex offers investors the chance to acquire a substantial multi-residential asset with solid income potential. Set on a double lot with 250 feet of frontage, the property features 11 bedrooms and 6 bathrooms across 5 two-bedroom units and 1 one-bedroom unit, with established tenants already in place. Tenants pay their own heat and hydro, supporting a practical ownership structure. A re-paved driveway provides 12 assigned parking spaces, with additional room to expand parking if needed. Added value comes through a durable steel roof, extra attic insulation, and 6 updated, fully owned hot water tanks. R5 zoning may permit future development or expansion, adding further appeal for buyers looking beyond the existing use. Daily essentials are within walking distance, including restaurants, Angus Morrison Elementary School, a hardware store, a convenience store, and transit, while CFB Borden is just 5 minutes away, and Alliston, Barrie, and Wasaga Beach are all within a 20-minute drive. LINX Transit nearby adds convenient connections to Barrie and Wasaga Beach. For investors with an eye for where value lives, this 6-plex could be exactly what your portfolio has been missing.
Monthly Cost
Monthly Mortgage$6,017
Property Tax ($5,606/yr)$467
Total$6,484
Price & Listing History
Schools
Location
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