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136 KING Street, Delhi — listed at $629,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
What's the parking situation?+
This property includes None.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 136 KING Street a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms (2302 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,216.4, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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