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136 KING Street
homes for sale · Delhi
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$629,000

136 KING Street

Delhi · MLS® 40860604

42

2,302 sq ft · House · Multi-family · 46 days on market

listed by Jon Alonzo, Royal LePage Brant Realty

realtor's description

A Rare Live-In Investment Opportunity with Three Separate Units 136 King Street offers something you do not often find in downtown Delhi: the opportunity to live comfortably in a beautifully renovated home while two additional units help generate income and offset the cost of ownership. The property features three separate spaces, including a spacious three-bedroom upper residence, a one-bedroom main-floor apartment, and an approximately 600 sq. ft. street-facing commercial unit that is currently leased. For an owner-occupier or first-time buyer, this creates a compelling setup. Live in the larger residential unit and benefit from income generated by the additional apartment and commercial storefront. For an investor, the property offers multiple income streams within one freehold building, along with the flexibility to select future residential tenants. Both residential units are currently vacant, giving the purchaser the ability to choose how the property works for them from day one. The interiors have been thoughtfully renovated, while separate entrances provide privacy and functionality for each unit. Each unit also includes additional storage space, adding another practical benefit for residents, tenants, and the commercial occupant. The property also includes on-site parking, separate mechanical systems, and a central downtown location close to shops, restaurants, services and everyday amenities. Whether you are looking to reduce your monthly housing costs, create a live-and-invest opportunity, or add a versatile mixed-use property to your portfolio, 136 King Street deserves a closer look. Three separate units. Two additional income opportunities. One property with a very different path to home ownership.

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property details

type
House, Multi-family
bedrooms
4
bathrooms
2
living area
2,302 sq ft
parking
0
property tax
$4,216 / yr
days on market
46
MLS®
40860604

monthly cost

$3,092/mo
Mortgage $2,740 · Tax $351

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,740/ monthly
loan $503,200
25-year amortization
total interest
$318,948
cash to close
$125,800
down payment; transfer tax and fees not included
total paid
$822,148

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Jon Alonzo
Royal LePage Brant Realty
call Jon · 647-281-1409
Powered by: REALTOR.ca

location

DelhiGoogle Maps ↗

location

DelhiGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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