253 King St $1,199,000
Listing provided courtesy of: FARIS TEAM REAL ESTATE, BROKERAGE
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Property Details
Top 5 Reasons You Will Love This Property: 1) Incredible Investment Opportunity With A Proven Commercial Tenant Under Contract 3 Years In The Heart Of Downtown Midland, Home Of Ontario's Best Butter Tart Festival 2) 2 Upper Level Two Bedroom Apartments, Currently Tenant Free, One Owner Occupied, And One Currently Run As A Successful Airbnb, Ideal For Either Short Or Long-Term Rentals 3) 6 Driveway Parking Spaces, A New Roof (November 2022) On The Building And Garage, And Great Potential For A Cashflow Opportunity 4) Sought-After Location Within Walking Distance To The Waterfront, Walking Trails, And A Variety Of In-Town Amenities 5) Abundance Of Potential For Outdoor Activities On The Water Including Boating, Swimming, Kayaking, And So Much More. Age 100. Visit Our Website For More Detailed Information.
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General Features
- Approx Age 100+
- Area Simcoe
- Community Midland
- Extras Inclusions: Apartment: Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Existing Window Coverings, See Attached Inclusion List For Bakery Items.
- Zoning Dc-F2
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Building Features
- Air Conditioning Y
- Basement Y
- Elevator None
- Garage Type None
- Heat Type Other
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Property Features
- Lot Bldg Unit Code Lot
- Lot Depth 175.00
- Lot Front 18.00
- Lot Size Code Feet
- Parking Spaces 2
- Water Municipal
Contact
Neighborhood
L4R 3M4 (Midland) Demographics
49 Median Age
378 Population Density (per sq. mile)
N/A College Educated
$60,140 Estimated Median Income
3,000 Estimated Total Home Owners
8,715 Estimated Total Renters
75% / 26% Estimated Owner / Renter Divide
0 Estimated Average Household Size
18,264 Total Population
Community data courtesy of LiveBy, Inc.
Property History
| Date | Price |
|---|---|
| -- | New Value: $1,199,000 |
| 12/6/2022 9:13:00 PM | New Value: $1,199,000 |
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* This payment calculator is intended for educational and planning purposes only.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Toronto MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.