71-85 King Avenue E, Clarington - $3,375,000 | Modern Solution

71-85 King Avenue E

71-85 King Avenue E, Clarington

71-85 King Avenue E in Clarington - 0 bedroom, 2 bathroom. Listed at $3,375,000.

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

  • Property Type: Mortgage
  • Square Footage: 12000 sqft
  • Heating: Gas Forced Air Closed
  • Cooling: Yes
  • Parking: 0 space
  • Property Taxes: $52,768.29/yr
  • Neighbourhood: Newcastle
  • Postal Code: L1C 1R2

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