1/6108-112 KING STREET W, Brockville
108-112 KING STREET W, Brockville, ON K6V3P9
$625,000 total
4,600 SF
Asset Class
Multifamily
Size
4,600 SF
Building class
A
Zoning
RF6 — Medium Density
$ / SF
$136
Occupancy
97%
About this property
Attention Investors or those looking to start a portfolio. Prime downtown location. Please Give consideration to 108-110-112 King St West together with 13 Buell Lane. Well established and well maintained. Building Offers 2 - street level store front commercial units both occupied with leases. A 2-bedroom + den 2- level apartment, a 1 bedroom 2nd level Apartment both occupied with leases. Also an additional Storage area on the top floor that was once a bachelor unit and can be restored to that for additional income. 13 Buell Lane is a stand alone house with 2 bedrooms and a carport and is also occupied and month to month. Current gross operating income is $62,724.00 Tenants pay all their own utilities. Paved parking is available for 2 commercial units and the 2-level 2-bedroom unit (Total parking 4). Full information about the property is available upon request. HST will apply to the commercial portion and if applicable will be in addition to. Owners have upgraded and updated the interior, and exterior of this building and leaves little to do for a new owner. Income and expenses will be available upon request. (id:66811)
Financial sandbox
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Monthly debt service
$3K
Projected NOI
$24K
Annual cash flow
$-11K
Cash-on-cash
-5.86%
DSCR
0.68
Going-in cap
3.78%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 2,284 SF | 2034-03 |
| Blue Harbour Design | 1,109 SF | 2034-03 |
| Blue Harbour Design | 1,059 SF | 2034-03 |
Area demographics
Trade area within 3 miles of the property.
Population
138,980
Households
62,638
Median income
$100,000
Median age
31.7
Daytime population
224,241
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 108-112 KING STREET W, Brockville.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.