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$1,499,900Asking Price

94 King Street, Essa, ON L0M 1B0

Angus, Essa

Multiplex
9 + 2
Bedrooms
5
Baths
12
Parking
Days on Market

REAL ESTATE - THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks for long term appreciation. Tap in to the potential for development/expansion with R3-2 zoning, 250 ft frontage, triple AAA location, high walking score to shopping and restaurants, 2 minute walk to Angus Morrison Elementary public school! Comprised of 5 2BR & 1 1BR apts, 12 assigned parking spots , (lots of room for more!), tenants pay heat/hydro. Good tenants in all units. With the recent announcement of the massive HONDA expansion in Alliston (20 minutes away), this area is poised for tremendous growth. LINX public transit offers routes from Wasaga Beach - Angus- Barrie Mon-Fri. Base Borden is 5 minutes away offering public rec/gym memberships at discounted prices. Enjoy owning an investment property in a lucrative area slated for growth and development. Financials available to serious enquiries. This property is a solid investment with a 5% cap rate and units valued at approx $250,000 each which is hard to find!

REAL ESTATE - THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks for long term appreciation. Tap in to the potential for development/expansion with R3-2 zoning, 250 ft frontage, triple AAA location, high walking score to shopping and restaurants, 2 minute walk to Angus Morrison Elementary public school! Comprised of 5 2BR & 1 1BR apts, 12 assigned parking spots , (lots of room for more!), tenants pay heat/hydro. Good tenants in all units. With the recent announcement of the massive HONDA expansion in Alliston (20 minutes away), this area is poised for tremendous growth. LINX public transit offers routes from Wasaga Beach - Angus- Barrie Mon-Fri. Base Borden is 5 minutes away offering public rec/gym memberships at discounted prices. Enjoy owning an investment property in a lucrative area slated for growth and development. Financials available to serious enquiries. This property is a solid investment with a 5% cap rate and units valued at approx $250,000 each which is hard to find!

  OPEN HOUSE

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Mill to King
  • Less than 700 Square Feet
  • 31-50 Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,397 in 2024
  • Possession: 30 days tba

Details

  • Vinyl Siding Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #N11921264
  • RE/MAX HALLMARK CHAY REALTY

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Ground Floor
Washroom1 4-Piece Bathroom on Ground Floor
Washroom1 4-Piece Bathroom on Ground Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Angus, Essa is a north GTA neighbourhood notable for its singles, salespeople, tradespeople and manufacturing workers. It has a higher than average population of French speakers. Residents tend to be older with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 35 to 54.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Essa  (1.2)

Singles

38% of residents are
single and loving it.

38% singles

Essa (38%)

Renters

14% of residents
are renters.

14% renters

Essa (19%)

Education

13% of residents are
university grads.

13% university grads

Essa (17%)

Income

Average Household Income

$106K

is the average household
income in the neighbourhood.

Essa  ($117K)

Professions

Professions
Sales 16%
Trades 13%
Government 11%
Business 8%
Manufacturing 7%

Immigrants

8% of residents were
born outside of Canada.

8% immigrants

Essa (9%)

Birthplace - All

UK was once home to 1.3% of immigrants.
Germany 0.7%
Portugal 0.4%
Netherlands 0.3%
Caribbean 0.3%

1.3% from UK
All-time

Birthplace - Recent

Germany was once home to 0.1% of immigrants.
Jamaica 0.1%
Other Eastern Africa 0.1%
UK 0.1%

0.1% from Germany
Recent

Foreign Languages

Foreign Languages
French 8%
Polish 1%
Portuguese 1%
Spanish 1%
Italian 1%

Religions

Religions
Christian 71%