Price
$999,900
Bedrooms5 Beds
Bathrooms3 Baths
Size3000-3500 sqft
Year Built100+
Property TypeHouse
Property Taxes$8830.57
Maintenance FeesNot listed
Incredible opportunity for investors, developers, or buyers seeking income-producing potential and multi-generational living in a prime locationfeaturing two separate houses with three total units and over 90 feet of frontage on Brock Street West. This versatile property (including a storage barn!) includes 194 Brock St W, a registered 2-unit home offering a 1-bedroom main floor unit and a freshly updated 2-bedroom second floor unit. The upper unit has been newly painted and carpeted and is currently vacant, ready for immediate occupancy or new tenants. Each unit in 194 Brock has its own driveway and private entrance, providing excellent separation and rental appeal. Recent updates since 2022 include a new roof and furnace. The two-storey home offers 1,724 square feet of living space (per MPAC). Next door, 198 Brock St W is a detached 2-bedroom bungalow with an updated bathroom, a finished partial basement, and several key upgrades since 2022, including a ductless heat pump system with three interior units, baseboard heater in the crawl space, black chain link fence, and enhanced insulation. This home offers 1,322 square feet of living space (MPAC) and complements the income potential of the entire property. All three units have their own owned hot water heaters, and a large storage barn (sold as-is) adds further value for storage or possible future use. This property is ideal for those looking to live in one unit and rent out the other two, or accommodate extended family with privacy and comfort. 2024 Property Taxes: 194 Brock $4,583.43; 198 Brock $4,247.14. Buyers are advised to perform their own due diligence regarding the potential to sever the properties. This is a rare chance to own a multi-unit, multi-generational property with strong income potential in a growing community.
Dimensions
2.92' × 3.84'
Features
Laminate
Dimensions
2.52' × 3.96'
Features
laminate, combined w/dining
Dimensions
4.45' × 3.69'
Features
vinyl floor, w/o to deck, closet
Dimensions
4.48' × 3.56'
Features
Large Window
Dimensions
4.78' × 4.23'
Features
laminate, pot lights, large window
Dimensions
4.26' × 4.84'
Features
combined w/dining, w/o to sunroom
Dimensions
3.53' × 2.77'
Features
laminate, closet
Dimensions
3.65' × 5.94'
Features
Large Window
Dimensions
4.57' × 3.29'
Features
vinyl floor, w/o to deck, eat-in kitchen
Dimensions
2.16' × 2.86'
Features
vinyl floor, large window
Dimensions
3.05' × 2.89'
Features
vinyl floor, large window
Dimensions
5.79' × 3.47'
Features
broadloom, large window
Dimensions
4.78' × 4.23'
Features
laminate, pot lights, large window
Dimensions
3.65' × 5.94'
Features
Large Window
Dimensions
5.79' × 3.47'
Features
broadloom, large window
Dimensions
2.92' × 3.84'
Features
Laminate
Dimensions
4.57' × 3.29'
Features
vinyl floor, w/o to deck, eat-in kitchen
Dimensions
2.52' × 3.96'
Features
laminate, combined w/dining
Dimensions
4.26' × 4.84'
Features
combined w/dining, w/o to sunroom
Dimensions
2.16' × 2.86'
Features
vinyl floor, large window
Dimensions
4.45' × 3.69'
Features
vinyl floor, w/o to deck, closet
Dimensions
4.48' × 3.56'
Features
Large Window
Dimensions
3.05' × 2.89'
Features
vinyl floor, large window
Dimensions
3.53' × 2.77'
Features
laminate, closet
Have questions about this property?
Contact MeTotal Monthly Payment
$4,328 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,920
Total Interest Payments
$493,200
Total Payment (Principal + Interest)
$1,293,120
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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