21
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$1,600,000
Est. payment /mo
7,337 SqFt
Price Dropped by $14.4M
25 King ST E Cavan Monaghan, ON L0A 1G0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,337 sqft
Price per Sqft $218
Subdivision Millbrook Village
MLS Listing ID X12259918
Annual Tax Amount $6,831
Tax Year 2025
Property Sub-Type Investment
Property Description
This property delivers stability and long--term upside in today's uncertain financial markets. The town of Millbrook is growing fast. Strategically located just minutes from Highway 115, 15 minutes from Peterborough and under an hour to the GTA. It is a desirable, commuter-friendly town with rising demand for quality rentals. Located in the heart of Downtown Millbrook on a picturesque park-like setting with Baxter Creek running through the property. Steps to walking trails, shops, restaurants, library and more. The property features four 2 bedroom units and four 1 bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles.
Location
Province ON
County Peterborough
Community Millbrook Village
Area Peterborough
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 91.53
Lot Depth 197.31
Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.
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