71-85 King Avenue
Newcastle / Clarington, ON L1C 1R2
About This Property
Solid Investment Opportunity @ Prime Location in the Heart of Newcastle Village Surrounded by National Retail Anchors like LCBO, No Frills, CIBC, Shoppers Drugmart. Mixed-Use building with flexible zoning: includes 6000 SQFT commercial & 11 Apartments including both 1 bedroom and 2 bedroom options. All Commercial Tenants on NET leases, and all Residential Tenants Pay Separate Utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in Renewal Rates!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12841596
Listed by Royal LePage Frank Real Estate
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$16,481
/month · $2,700,000 mortgage
Amortization
Total Interest
$2,244,171
Total Cost
$4,944,171
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Royal LePage Frank Real Estate