For Sale

32 King Street, Cavan Monaghan, Ontario L0A 1G0

$1,250,000

32 King Street, Cavan Monaghan, Ontario L0A 1G0 is For Sale and has a listing price of 1,250,000. The property is located in the Cavan Monaghan . It's been on the website for 48 Days.

  • Multiplex
    Property Type
  • 8
    Bedrooms
  • 7
    Bathrooms
  • Parking
  • MLS ID: X12078984
  • Office Name ROYAL HERITAGE REALTY LTD.
Property Description

50K Price Reduction. Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.

Property Details
  • Bedrooms: 8
  • MLS ID: X12078984
  • Bathrooms: 7
  • Price: $1,250,000
  • Lot Depth: 97
  • Transaction Types: For Sale
  • Ref ID: X12078984
  • Year Built: N/A
  • Approx Sqft: < 700
  • Dir / Cross St: HWY 115 TO HWY 10 SOUTH. TURN RIGHT (EAST) ON KING ST
  • Tax Year: 2024
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/23/2025 X12170555 $1,700 For Rent - -
04/12/2025 X12078984 $1,250,000 For Sale - -
04/08/2025 X12069244 $1,299,900 For Sale - -
01/15/2025 X11923756 $1,350,000 Expired -
09/26/2024 X9369567 $1,399,900 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cavan Monaghan
  • $1,144,882 Average List Price
    based on 1 year
  • 2 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 132.4 % Up
  • Sold (12mo) 55
  • Rented (12mo) 6

  • 1 Month Change -32.3%
  • 3 Month Change -36.0%
  • 6 Month Change -12.1%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style Other
  • Washroom Type1: 7
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Brick
  • Kitchen 5
  • Parking Y
  • Washrooms Type 1 # Pcs: N/A
  • Taxes: $4,712
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 12/04/2025 00:08:00
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