74 Wellington Street, Kington, ON FOR SALE $765,000 6 Unit Multi-Reidential PROPERTY FEATURES: Located in the heart of Kington pretigiou Sydenham Ward ditrict Building profeionally maintained, managed, and renovated Corner lot property include ix fully leaed reidential apartment Spaciou unit with high ceiling and overized window Aking Price: $765,000 Realty Taxe: $9,948 (2015) Lot Dimenion: 61 x 64 FT Zoning: B Heating: Central ga boiler ytem, hot water rad in each unit For more information pleae contact: Sina Tahamtan Sale Repreentative 613-384-1997 (18) tahamtan@rtcr.com Roger & Trainor Commercial Realty Inc. 20 Gore Street, Suite 102 Kington, Ontario 613-384-1997 www.rtcr.com All information provided i deemed reliable but i not guaranteed and hould be independently verified. Providing Solution
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential PROPERTY DETAILS Main level: Feature newer laminate in the common area and hallway Second level: Spaciou with refinihed hardwood floor and large window allowing abundant natural light Baement: Contain a central ga boiler with hot water rad and ix hot water heater (one for each unit) Unit: Five one bedroom apartment (many of which are overized) One two bedroom apartment (1,000+ SF) Separate hydro meter and water heater for all unit Fire afety ytem inpected annually Upgrade: Window, flooring, door, electric panel, bathroom, kitchen, and appliance BROKER S PRO FORMA UNIT BEDS MONTHLY INCOME ANNUAL INCOME TYPE ANNUAL #1 1 $750 $9000 #2 1 $800 $9600 #3 1 $875 $10,500 #4 1 $900 $10,800 Tax (2015) $9,948 Inurance $3,500 Common Utilitie* $7,149 TOTAL $20,597 #5 1 $910 $10,920 #6 2 $985 $11,820 TOTALS 7 $5,220 $62,640 NET INCOME All information provided i deemed reliable but i not guaranteed and hould be independently verified. $42,043 *Common utilitie include water, ewer, ga, and electricity Additional Income: Upide potential available. Buyer may generate additional income by increaing rent, creating parking pace, and by adding coin-op laundry. Unit #1 recently vacant and advertied for leae at $750/month.
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential LOCATION AND PARKING Str ee t We ll Ea rl ing ton Str ee t Location: Situated at the corner of Wellington Street and Earl Street, in the heart of Sydenham Ward, one of downtown Kington mot ought after neighbourhood. 74 WELLINGTON STREET Parking: Poible converion of the property large ide yard to allow for 2-3 pace. All information provided i deemed reliable but i not guaranteed and hould be independently verified.
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential UNIT ONE Main Floor Bedroom(): One Other Room: Living room, kitchen, and one full bathroom Feature: Hardwood floor (anded and buffed) in living room and bedroom, with vinyl flooring in kitchen. Large window throughout Bedroom view overlooking Wellington Street Appliance: Newer tainle teel fridge All information provided i deemed reliable but i not guaranteed and hould be independently verified.
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential UNIT TWO Main Floor Bedroom(): One Other Room: Living room, kitchen, and one full bathroom Feature: Bright bedroom with cloet and hardware flooring Living room with high ceiling, overized window looking onto Wellington Street, and hardwood floor (recently anded and buffed) New tilled wall backplah in the kitchen Bathroom completely redone 3 year ago (new vanity, ink, tile, tub, toilet, ceramic wall) All new window in unit Appliance: New fridge and tove UNIT THREE Main Floor Bedroom(): One Other Room: Living room, eat-in kitchen, and one full bathroom Feature: Spaciou living room with overized window, laminate flooring, high ceiling, and abundant natural light Plenty of torage pace Upgraded flooring, trim, window, and paint All information provided i deemed reliable but i not guaranteed and hould be independently verified.
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential UNIT FOUR Main Floor Bedroom(): One Other Room: Living room, kitchen, and one full bathroom with tub Feature: Large bedroom with good natural lighting Functional layout and high ceiling throughout Hardwood floor (anded and buffed) in living room and bedroom, with vinyl flooring in kitchen and bath Upgraded appliance, flooring, main entrance door and doorway, window, and electrical panel UNIT FIVE Second Floor Bedroom(): One (eaily convertible into a multiple bedroom unit uing unfinihed attic pace acceed via bathroom) Other Room: Living room, paciou eat-in kitchen and dining area, and one large, full bathroom Feature: Sanded and buffed hardwood floor in bedroom, dining area, and living room View overlooking Wellington Street Electrical panel upgraded Upide potential All information provided i deemed reliable but i not guaranteed and hould be independently verified.
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential UNIT SIX Second Floor Bedroom(): Two Other Room: Living room, eat-in kitchen, and one full, upgraded bathroom Feature: Approximately 1,000 SF Living room of approximately 500 SF with high ceiling, refinihed original hardwood flooring, and large window offering natural light Upgraded flooring in kitchen and bedroom Upide potential All information provided i deemed reliable but i not guaranteed and hould be independently verified.
74 Wellington Street, Kington, ON $765,000 6 Unit Multi-Reidential SURROUNDING AREA Centrally located in downtown Kington near Queen Univerity, Kington General Hopital, and the Lake Ontario Waterfront. 74 Wellington Street 74 WELLINGTON STREET All information provided i deemed reliable but i not guaranteed and hould be independently verified.