32 King Street E
Cavan Monaghan (Millbrook Village), ON L0A 1G0
- 8Bedrooms
- 7Bathrooms
- 5Parking
- < 700Sq Ft
- $4,712Tax
- 37×97 ftLot Size
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About 32 King Street E, Cavan Monaghan, Millbrook Village
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,712
- Land Transfer Tax Fee
- $21,475
- Basement Type
- Crawl Space
Interior Features
- Interior Extras
- Water Heater Owned, Separate Hydro Meter, Water Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- Other
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Rolled
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 37.00 ft
- Lot Depth
- 97.00 ft
Inclusions
- Inclusions
- Hot Water Tanks (owned). 4 stoves, 4 fridges (residential units)
Exclusions
- Exclusions
- Tenants' personal belongings. All appliances, display cabinets and fixtures located in the commercial units are the property of the tenants.
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8
- Washrooms
- 7
- Kitchens
- 5
Washrooms
- —-piece
- Municipality
- Cavan Monaghan
- Neighbourhood
- Millbrook Village
- Main cross streets
- HWY 115 TO HWY 10 SOUTH. TURN RIGHT (EAST) ON KING ST
- Zoning
- CMU1
- Directions
- HIGHWAY 10 S AND KING ST
- Waterfront
- None
- MLS® number
- X12078984
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-07-29
- Listed on
- 2025-04-11
- Days on market
- 109 days
- Possession type
- Immediate
- Co-op commission
- 2.0% + HST
- Seller
- Listed by
- ROYAL HERITAGE REALTY LTD.
Home Market Value
Current home valuation for 32 King Street E, Cavan Monaghan, Millbrook Village, Cavan Monaghan, ON. Listed for $1,250,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 32 King Street E, Cavan Monaghan, Millbrook Village
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $750,000 over $500K
$100,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $46,000 | $34,875 | $29,750 | $0 |
=Total mortgage | $1,196,000 | $1,159,875 | $1,092,250 | $1,000,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,839monthly | $5,663monthly | $5,333monthly | $4,883monthly |
Land Transfer Tax
$21,475
$21,475
Around this home
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