$689,000

For sale

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3 King Street, Dryden (Downtown) - Multi-family for Sale

3 King Street, Dryden (Downtown), Ontario, P8N1B2

124 × 82 ft (10,132 sq ft) lot sizeListed 425 days ago

Overview

This multi-family property in Dryden is for sale.

Multi-Family Properties for Sale in Dryden →

54 Hearst Avenue, Dryden (Downtown), Ontario, P8N2K5

Lot size 50 × 107 ft (5,297 sq ft)

Listed by Austin & Austin Realty

3 King Street, Dryden (Downtown), Ontario, P8N1B2

For sale

425 days ago

$689K

3 King Street, Dryden (Downtown), Ontario, P8N1B2

Lot size 124 × 82 ft (10,132 sq ft)

Listed by Sunset Country Realty Inc.

Investment analysis

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$689,000

Dryden

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Description

A great investment opportunity, this 6 plex, consists of five 1 bedroom, one 3-bedroom units each with their own 4-piece bathroom. The larger 3 bed unit offers the size for a new owner to occupy while renting out the other units or rent them all for a better return. The two units on the upper level each have their own balcony to sit and enjoy. Coin operated laundry in the lower level with the 3-bedroom unit having its own laundry room. Each unit has a storage space allocated for them also in the lower level. Six parking spaces located off Queen Street. Brick/Stucco exterior. The roof is an EPDM rubber material with an extended lifespan. Situated in the downtown core for easy accessibility. Includes 6 fridges/stoves, coin operated laundry. Two new furnaces installed in October 2025. (id:66096)

Property Details

MLS®: X13257948
Property Type: Multi-family
Zoning: Downtown Commercial
Lot Size: 124 × 82 ft (10,132 sq ft)
Frontage: 124 ft
Basement: Full
Heating: Natural gas, Other
Property Tax: $4,674.53/yr
Listed: 425 days ago

Features

Appliances: Washer, Dryer
Foundation: Block
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Cable, Telephone, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

425d

Dryden (Downtown) listings, avg age

180d

List price

$689K

Haho

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Listed by Sunset Country Realty Inc. · Scott Lobreau

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P8N)

This home lists at $689,000, about 8.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $134,586 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.

Median household income: $83,000
Population: 9,619
Median age: 48
Owner / renter: 75% / 25%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P8N)

$689,000

For sale

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Full Cost Breakdown

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Down Payment6.37% · $43,900.00

Min 6.37%50%

Mortgage payment$3,577/mo

↳ CMHC premium ($25,804 capitalized)

Property tax (est.)$390/mo

Total monthly$3,966

Cash Needed to Close

Down payment (6.37%)$43,900

Land transfer tax$10,255

Est. closing costs$4,567

Total cash needed$58,722

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