106-108 King Street

Toronto, ONMulti-family
$1,888,888
MLS® W13705150
Multi-family3 beds3 baths10 total
106-108 King Street, Toronto, ON photo 1
106-108 King Street, Toronto, ON photo 2
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About This Property

Excellent Investment Opportunity in a highly desirable and convenient location! This attractive corner-lot property features two commercial units and one residential unit, providing a diversified income stream from both commercial and residential tenants. The property is currently fully occupied, with established tenants in place. The first commercial unit is occupied by an appliance store, while the second commercial unit is home to a yoga studio. The residential unit is also occupied by a residential tenant, providing an additional source of rental income. The property offers excellent exposure and accessibility, with convenient access to Highways 401 and 404, as well as the Weston GO Station, parks, public transit, shopping, restaurants, and other amenities. The corner-lot configuration provides additional flexibility and potential appeal for investors and future owners. The combination of commercial and residential income, established tenancy, strategic location, and potential for future growth or expansion makes this an attractive opportunity for investors seeking a property with multiple income sources and long-term potential. A rare opportunity to acquire a versatile income-producing property in a well-connected location with strong potential for future value appreciation. (id:63604)

Key Facts

Type
Multi-family
Beds
3
Baths
3
Size
5,000 sqft
Lot
50 x 120 FT
Parking
10 total
Property Details 13 details
Bedrooms
3 bedrooms
3 above grade
Bathrooms
3 bathrooms
Parking
10 parking spaces
No Garage
Living area
5,000 - 100,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Unfinished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
50 x 120 FT
Frontage
50 feet
Taxes
$12,000.00
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

Brick
Mortgage & Affordability Estimate monthly costs
Purchase price$1,888,888
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Weston
City
Toronto
Postal code
M9N 1L5
Nearby
King Street & Elm Street