Vishal Sharma
Broker
$499,900
Available - For Sale
Listing ID: X12279531
73 King Stre East , Brockville, K6V 1B2, Leeds and Grenvi
| Located in the heart of vibrant downtown Brockville, this fully tenanted triplex presents an excellent investment opportunity. Its prime location offers tenants easy access to restaurants, shopping, parks, and cafes, all within walking distance, making it highly desirable and supporting strong tenant retention. The property has undergone extensive updates over the past 11 years, ensuring modern functionality and tenant comfort while minimizing immediate maintenance costs. The triplex consists of two spacious 2-bedroom units and a 1-bedroom plus den walk-out basement apartment, generating a steady annual rental income of $41,280, with tenants responsible for hydro utilities. Each unit is well-equipped with a living room, kitchen, eating area, bathroom, and in-unit laundry. Additionally, a 438-square-foot loft above Unit 3, currently used for storage, features a kitchenette and bathroom with plumbing ready for connection, offering potential for additional living space or rental income. Significant upgrades to the property include drywall and insulation in all units, interior doors, copper wiring with three electrical panels, updated plumbing, modernized flooring, bathrooms, kitchens, shingles, and many windows. These improvements enhance both the aesthetic appeal and functionality of the triplex. The landlord covers gas, water, and sewer ($4,880 annually), insurance ($4,042 annually), and property taxes ($3,787 annually). Two outdoor parking spots are included, with the landlord paying $400 annually for one additional parking spot. This well-maintained triplex, with its modern upgrades and prime downtown location, offers a compelling opportunity for investors seeking stable rental income and long-term value. |
| Price | $499,900 |
| Taxes: | $3787.38 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 73 King Stre East , Brockville, K6V 1B2, Leeds and Grenvi |
| Directions/Cross Streets: | King Street East and Park |
| Rooms: | 10 |
| Rooms +: | 4 |
| Bedrooms: | 4 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Walk-Out |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 11.84 | 11.84 | |
| Room 2 | Main | Dining Ro | 6.07 | 12.96 | |
| Room 3 | Main | Kitchen | 8.89 | 7.41 | |
| Room 4 | Main | Bedroom | 10.3 | 8.95 | |
| Room 5 | Main | Bedroom 2 | 14.92 | 11.28 | |
| Room 6 | Main | Bathroom | 7.31 | 7.9 | |
| Room 7 | Second | Living Ro | 13.84 | 12.89 | |
| Room 8 | Second | Kitchen | 10.43 | 11.35 | |
| Room 9 | Second | Bedroom | 10.33 | 14.79 | |
| Room 10 | Second | Bedroom 2 | 10.27 | 8.69 | |
| Room 11 | Second | Bathroom | 8.56 | 8.17 | |
| Room 12 | Third | Loft | 11.78 | 21.88 | |
| Room 13 | Third | Other | 6.2 | 11.32 | |
| Room 14 | Third | Bathroom | 11.41 | 15.94 | |
| Room 15 | Basement | Living Ro | 12.63 | 11.58 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Vishal Sharma
Broker
Dir:
416-627-6612
Bus:
905-673-8500
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Leeds and Grenville |
| Municipality: | Brockville |
| Neighbourhood: | 810 - Brockville |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $3,787.38 |
| Beds: | 4+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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