• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
Personal Pic

Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$3,675,000
Available - For Sale
Listing ID: E12841596
71-85 King Avenue East , Clarington, L1C 1R2, Durham


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!
Price $3,675,000
Taxes: $52768.29
Tax Type: Annual
Occupancy: Tenant
Address: 71-85 King Avenue East , Clarington, L1C 1R2, Durham
Postal Code: L1C 1R2
Province/State: Durham
Directions/Cross Streets: King Avenue E / Beaver St S
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 12000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Sprinklers: No
Washrooms: 2
Outside Storage: F
Crane: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE
Personal Picture
Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial Retail
Area: Durham
Municipality: Clarington
Neighbourhood: Newcastle
Style:
Lot Size: x 165.00(Feet)
Approximate Age:
Tax: $52,768.29
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years