25 King Street E

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$1,449,999

25 King Street E

Millbrook Village, Cavan Monaghan · MLS® X13522620

7,337 sq ft · House · Multi-family · 112 days on market

listed by Carmine Cupelli, Re/Max Hallmark First Group Realty Ltd.

realtor's 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 five 2 bedroom units and three 1bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles.

property details

type: House, Multi-family
living area: 7,337 sq ft
parking: 0
property tax: $6,831 / yr
days on market: 112
MLS®: X13522620

features

Irregular lot size

monthly cost

$6,887/mo

Mortgage $6,318 · Tax $569

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

estimated payment

$6,318/ monthly

loan $1,159,999

25-year amortization

down payment20% · $290,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $735,253
cash to close: $290,000; down payment; transfer tax and fees not included
total paid: $1,895,252

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