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251 KING Street E
Stoney Creek Ontario , L8G1L9 , Canada
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$1,499,000.00
MLS® 40701291
House
Lot Frontage: 79.0 Feet
Lot Depth: 224.0 Feet
No. of Parking Spaces: 15
Built in: 1960
Total Bedrooms: 4+2
Total Bathrooms: 2
Zoning: R1
Remarks:
The multi-plex opportunity you were looking for is right here with a 6.8% cap rate! This unique property offers incredible versatility, featuring three separate units and many possibilities. Situated on a 79ft by 224ft lot, there are two separate residences plus a storage building. The upper-level of the main bungalow was renovated approximately 10 years ago. The open concept main floor has 4 bedrooms and 2 bath, the lower level is a newly renovated separate apartment with separate entrance, new kitchen, flooring, bathroom, and more. The two levels are currently rented together. Behind the main home is a separate two-bedroom coach house with separate address, completely renovated with new kitchen, windows, flooring, and bathroom. So much to offer with 2 owned AC’s and furnaces, 3 sets of washers and dryers, 2 hydro, 2 gas, and 2 water meters. Plus, the added onsite storage with an oversized garden shed. All units are permitted and legal with separate entrances, kitchens, laundry, and parking. They offer completely separate living spaces great for multi-generational families, a pure investor, or an owner-occupied property with built-in onsite income. (id:7526)

Property Features:
  • Access Type: Road access , Highway access
  • Amenities Nearby: Park , Playground , Public Transit , Schools
  • Community Features: Quiet Area , School Bus
  • Equipment Type: Water Heater
  • Features: Southern exposure , Paved driveway
  • Fence Type: Partially fenced
  • OwnershipType: Freehold
  • Property Type: Single Family
  • Rental Equipment Type: Water Heater
  • Sewer: Municipal sewage system
Building Features:
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: Full
  • Building Type: House
  • Construction Style - Attachment: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Aluminum siding , Stucco
  • Foundation Type: Block
  • Heating Fuel: Natural gas
  • Heating Type: Forced air
Rooms:
  • Laundry
    • Basement Level
  • Den
    • Basement Level
  • Bathroom
    • Basement Level
  • Bedroom
    • Basement Level
  • Bedroom
    • Basement Level
  • Living
    • Basement Level
  • Kitchen
    • Basement Level
  • Laundry
    • Main Level
  • Bedroom
    • Main Level
  • Bathroom
    • Main Level
  • Bedroom
    • Main Level
  • Bedroom
    • Main Level
  • Primary Bedroom
    • Main Level
  • Kitchen
    • Main Level
  • Dining
    • Main Level
  • Living
    • Main Level
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All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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