290 KING Street, Midland, ON L4R 3M6

$2,099,777

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Prime investment opportunity in Downtown Midland! If you're looking for a smart investment with great exposure, this is it! Located in the heart of Downtown midland, this fully renovated commercial building stands out as one of the finest in the area. With seven separate units and over 8,000 sq. ft. of space, including a basement, this property offers strong income potential with long-term tenants already in place. Renovated top to bottom in 2017, this building is turnkey and ready to go. Radiant heat, central air, alarm system and more... Convenient parking at the rear and walking distance to shops, restaurants, and beautiful Georgian Bay make this a highly desirable location for businesses and tenants alike. A rare opportunity at a great price!

Heating

· Radiant

Cooling

· Yes

What it could cost monthly

Home price

Down payment, 20% ($419,955)

Rate (%)

Amortization (yrs)

Estimated monthly

$9,616

Principal & interest, per month

Mortgage amount: $1,679,822
Down payment: $419,955
Total interest paid: $1,204,871

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

RE/MAX Georgian Bay Realty Ltd

Each office independently owned and operated.