181 185 King Street, North Middlesex

$499,000
181 185 King Street

$499,000

New
7d
Investment

181 185 King Street, North Middlesex

Total Monthly Obligation $2,730

Beds
0
Baths
0
Park
0
DOM
7d
Property Type-Investment
MLS® Number-X14092232
Beds-0
Lot Size-56 × 56 ft
Listed on site-Oct 16, 2026
Building Type-Investment
Taxes-$4,107 (2025)
Parking-None
Heating-Gas Forced Air Open
Brokerage-KETTLEWELL INS.&REAL EST.LTD.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-Parkhill
Title-Commercial

No agent assigned

181/185 King Street in Parkhill offers an excellent opportunity for investors, developers, or owner-users looking for a property with strong future residential potential. The property is currently configured as three residential units plus one commercial space, while approved plans are in place for conversion/redevelopment to a seven-unit residential property. With the municipal approvals already obtained, this property provides a significant head start for a future residential transition and helps reduce much of the planning uncertainty typically associated with redevelopment projects. Located on King Street in the heart of Parkhill, the property benefits from excellent visibility, convenient access to local amenities, and a central location within the community. A unique opportunity to acquire an income-producing property today with a clear path toward a higher-density seven-unit residential development in the future.

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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,730/mo
Mortgage $2,013
Monthly Loss $2,200
Principal$530
Interest$1,483
Property Tax$342
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 181 185 King Street

Time

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