This property delivers stability and long--term upside in today's uncertain financial markets. The town of Millbrook is growing fast. Strategically located just minutes from Highway 115, 15 minutes from Peterborough and under an hour to the GTA. It is a desirable, commuter-friendly town with rising demand for quality rentals. Located in the heart of Downtown Millbrook on a picturesque park-like setting with Baxter Creek running through the property. Steps to walking trails, shops, restaurants, library and more. The property features five 2 bedroom units and three 1bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles.
Address
25 King Street E
List Price
$1,449,999
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Cavan Monaghan
Sub-Area
Millbrook Village
Region
Peterborough
Lot Size Source
MPAC
Lot Depth
197.31
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
91.53 x 199.55 x 113.83 x 197.31
Lot Size Units
Feet
Lot Width
91.53
Parcel Number
280140097
Total Building Area
7337
Occupant Type
Tenant
Cross Street
King St E and County Rd 10
MLS® Number
X12746098
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Basement
Yes
Postal Code
L0A 1G0
Posession Details
30/60/90
Tax Amount
$6,831.30
Tax Year
2025
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
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