122 KING Street, Brant | Image 1

122 KING Street

Brant, Burford

  • Commercial

$779,900
For Sale

Added 5 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: HA-C4

  • Age: 100+ years

  • Taxes: 2866.65

  • MLS®#: X8368944

  • Days on Site: 96 Days

  • Added: May 24, 2024 (5 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: RE/MAX TWIN CITY REALTY INC.

Calling all investors, business owners and multi-generational home buyers. Please take note of 122 King St, Burford, a four-unit multi-purpose building located in the downtown core. Featuring a spacious up and down residential triplex with two spacious 2-bedroom upper units and a 2 bedroom, recently renovated lower unit. Out front is a commercial store front, currently rented for 2024 for food take-out. The entire property is currently leased out; the three residential units to long standing, and in-good-standing tenants. The commercial unit is a brand-new tenant on a short-term lease currently. This rare find is zoned HA-C4 with numerous uses permitted, including retail, office, daycare, grocery store, floral shop, pharmacy, restaurant, school etc. Current monthly gross income of $3,931.64 but increasing in September by LTB guidelines. Great main street exposure and terrific traffic count coupled with and an expanding local population give increased future demand for this type of property and located just 10 mins to Hwy 403, 10 mins to Brantford, 10 mins to Paris. Book your private viewing now before this opportunity passes you by.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 100+

  • Area: Brant

  • Community: Burford

  • Availability Date: IMMEDIATE

  • Assessment Amount: $17,100

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: No

Building

  • Basement: Y

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Other

Parking

  • Garage Type: None

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 84 PL 727 BURFORD; COUNTY OF BRANT

  • Taxes: $2,867

  • Expenses: Act

  • Insurance Fee: 4362

  • Hydro Expense: 2881

  • Taxes Type: Annual

  • Tax Year: 7243

Land

  • Cross Street: MAPLE AVE

  • Municipality District: Brant

  • Parcel Number: 320210146

  • Sewer: Septic

  • Lot Depth: 88.41 Feet

  • Lot Frontage: 36 Feet

  • Zoning: HA-C4

Commercial Specific

  • Retail Area: 500

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1900

  • Total Area Metric: Sq Ft

  • Office Size: 1400

  • Office Size Metric: Sq Ft

  • Area Influence: Rec Centre

  • Lot Code: Lot

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