$1,499,999

Cavan Monaghan (Millbrook Village) ON, L0A 1G0

MLS® # X12481770

Property Information:

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 five 2 bedroom units and three 1 bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Floor Space: 7337 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Features: Irregular lot size
Floor Space (approx): 7337 Square Feet
Irregular: Yes
Lot Depth: 197.3 Feet
Lot Frontage: 91.5 Feet
Lot Size: 91.53 x 197.31 FT ; 91.53 x 199.55 x 113.83 x 197.31
Zoning: R4

Courtesy of: RE/MAX HALLMARK FIRST GROUP REALTY LTD.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 25 KING STREET E, Cavan Monaghan (Millbrook Village), Ontario, L0A 1G0

Lifestyle
Neighbourhood

Demographic Information of 25 KING STREET E, Cavan Monaghan (Millbrook Village), Ontario, L0A 1G0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$131,540.39

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.33 %

High school certificate or equivalent

22.82 %

Apprenticeship trade certificate/diploma

7.32 %

College/non-university certificate

29.91 %

University certificate (below bachelor)

2.27 %

University Degree

17.36 %

Commuter

Travel To Work

By Car

93.15 %

By Public Transit

0.0 %

By Walking

5.5 %

By Bicycle

0.0 %

By Other Methods

1.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.84 %

Houses

80.16 %

Own Vs. Rent