109 Division Street North

Kingsville, ONMulti-family
$5,800,000
MLS® X13637784
Multi-family39 total[object Object]
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About This Property

Introducing a solid, purpose-built 34-unit apartment building nestled in the heart of Kingsville, one of Southwestern Ontario's most sought-after lakeside rental markets. Featuring a strong mix of 22 one-bedroom and 12 two-bedroom suites, fully tenanted to reliable tenants. Separate hydro meters, with all tenants paying their own hydro. Many units currently rent well below market, offering significant upside as suites turn. A number of suites have been fully renovated to a modern standard, with a new on-site storage area recently added. Ideally situated just off Main Street, steps from downtown Kingsville's shops, restaurants, and grocery, minutes to the Kingsville Recreation Complex, Lakeside Park, and the Lake Erie waterfront, with a direct route to Windsor. This is a rock-solid building and is sure to offer investors both growth and stability for years to come! (id:63604)

Key Facts

Type
Multi-family
Size
1 sqft
Lot
1.343
Parking
39 total

Highlights

  • Washer
  • Dryer
Property Details 12 details
Parking
39 parking spaces
Living area
1
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Baseboard heaters
Fireplace
No
Lot dimensions
1.343
Lot area
1.34 acres
Frontage
210.20 feet
Taxes
$30,945.42
Zoning
R-3 FP
Water source
Municipal water

Interior features

WasherDryer
Mortgage & Affordability Estimate monthly costs
Purchase price$5,800,000
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
Kingsville
City
Kingsville
Postal code
N9Y 1E3
Nearby
Main St E/Division St N