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For saleMLS® 40860604

136 King Street

Delhi, N4B 1X8

$629,000

Bedrooms
4
Bathrooms
2
Interior
2,302 ft²
Lot
32 × 163.68 ft
Type
Multi-unit

About this home

A Rare Live-In Investment Opportunity with Three Separate Units 136 King Street offers something you do not often find in downtown Delhi: the opportunity to live comfortably in a beautifully renovated home while two additional units help generate income and offset the cost of ownership. The property features three separate spaces, including a spacious three-bedroom upper residence, a one-bedroom main-floor apartment, and an approximately 600 sq. ft. street-facing commercial unit that is currently leased. For an owner-occupier or first-time buyer, this creates a compelling setup.

Live in the larger residential unit and benefit from income generated by the additional apartment and commercial storefront. For an investor, the property offers multiple income streams within one freehold building, along with the flexibility to select future residential tenants. Both residential units are currently vacant, giving the purchaser the ability to choose how the property works for them from day one. The interiors have been thoughtfully renovated, while separate entrances provide privacy and functionality for each unit. Each unit also includes additional storage space, adding another practical benefit for residents, tenants, and the commercial occupant.

The property also includes on-site parking, separate mechanical systems, and a central downtown location close to shops, restaurants, services and everyday amenities. Whether you are looking to reduce your monthly housing costs, create a live-and-invest opportunity, or add a versatile mixed-use property to your portfolio, 136 King Street deserves a closer look. Three separate units. Two additional income opportunities. One property with a very different path to home ownership.

Property details

Property type
Duplex
Ownership
Freehold
Age
51-99 Years
Property taxes
$4,216
Heating
Forced Air, Natural Gas
Cooling
Central Air
Basement
Full, Unfinished
Water
Municipal
Sewer
Sewer (Municipal)
Lot
32 × 163.68 ft lot
Zoning
CG
Time on market
58 days on market
MLS® number
40860604

Features

Inside

  • Separate Hydro Meters

Outside

  • Brick
  • Vinyl Siding
  • Membrane roof
  • Rolled/Hot Mop roof

The lot

  • Business Centre
  • City Lot

Included with the home: Other

Location

Thinking about the area? Read our guide to living in Delhi.

Estimate your payment

20% down. The minimum on this price is $37,900.

Your monthly payment

$2,785

Mortgage amount
$503,200
Interest over the amortization
$332,323

An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.

Ontario land transfer tax

How the tax adds up

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $629,0002.0%$4,580.00

Ontario land transfer tax

$9,055

Tax before any refund
$9,055.00
You pay on closing
$9,055.00

For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.

Listed by Jon Alonzo, Royal LePage Brant Realty.

Listing courtesy of the Brantford Regional Real Estate Association Inc.. MLS® 40860604.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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