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$469,000
Champlain
1040-1042 King Street, Champlain, Ontario, K0B1K0
This multi-family property in Champlain is for sale offering roughly 2,250 sq ft of space.
A unique property to create a unique lifestyle. An income property, investment property or home, sweet home? You decide. Live in a quiet two-storey apartment in this historic brick building in picturesque L'Orignal and enjoy morning coffee from your upper balcony with a river view and end your day with breathtaking sunsets, A LR is on the main floor with large kitchen, two bedrooms, laundry and full bath upstairs. An extra room in the basement offers extra living space. PLUS: An updated one-bedroom apartment fronts on King Street, offering extra income or use it as an in-law suite or as an office. This building has been renovated to building code and is ready for you to reap the rewards! A walkable community, proximity to Highway 17, local park, sandy beach, marina, post office, school and church. Upstairs apartment is vacant. The main floor, 1-bedroom apartment is rented at $785 per month to a lovely tenant. All appliances included. Two sheds on the property. Note that some furnishings in 2-bedroom apartment can be included. 24 hours irrevocable on all offers. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 166 days on market, against an average age of 80 days across the listings currently for sale in this city
This 3-bed multi-family in Champlain is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $469,000, about 5.9× the local median household income of $79,000.
Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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