224 King Street, Brockville, ON K6V 3R8
$1,799,000
$1,799,000

224 King Street

810 - Brockville, Brockville, Leeds and Grenville $1,799,000

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5 Baths
Double Detached Garage
Parking for 16
Zoning: C2X21
MLS®#:
X12039422
Property Type:
Investment
Property Style:
Area:
Leeds and Grenville
Community:
810 - Brockville
Taxes:
$15,282.86 / 2024
Added:
March 24 2025
Lot Frontage:
49.78
Lot Depth:
253
Status:
Active
Outside:
Year Built:
Brokerage:
HOMELIFE/DLK REAL ESTATE LTD
Lot :

253

49

BIG LOT

Intersection:
King St & John St
Rooms:
Bedrooms:
Bathrooms:
5
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Baseboard
Heating Fuel:

Listing Details

Ideal for investors looking to add value and ultimately qualify for a CMHC takeout mortgage. Downtown Brockville, main floor commercial with 2 high-end apartments on second and third floors. Approximately 8,000 sq/ft of open space spread over 2 floors at the rear of the building, with drawings for 8 additional, 2 storey apartments. Approvals are in place and the site has ample parking. Potential to add 1 or 2 more apartments by converting a separate detached garage space (subject to approvals).

All appliances, light fixtures

Insights

  1. Prime Location: Situated in downtown Brockville, this property offers high visibility and accessibility, making it ideal for commercial ventures and attracting tenants for the residential units.
  2. Value-Add Potential: With existing approvals for 8 additional apartments and the possibility to convert a detached garage into more living space, investors can significantly increase rental income and property value.
  3. Investment Opportunity: The property qualifies for a CMHC takeout mortgage, making it an attractive option for investors looking to leverage financing for future growth and development.

Neighbourhood

Schools, amenities, travel times, and market trends near 224 King Street
Schools

4 public & 4 Catholic schools serve this home. Of these, 8 have catchments. There is 1 private school nearby.

Parks & Rec

3 golf courses and 1 driving range are found in major parks near this home.

Transit

Rail transit stop less than 1 km away.

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810 - Brockville home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 810 - Brockville
100%
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)