1040-1042 KING STREET, Champlain

$469,000

For sale: Multiplex

Multiplex at 1040-1042 KING STREET, Champlain
Property type
Duplex
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13164620
Neighbourhood
611 - L'Orignal

A unique property to create a unique lifestyle. An income property, investment property or home, sweet home? You decide. Live in a quiet two-storey apartment in this historic brick building in picturesque L'Orignal and enjoy morning coffee from your upper balcony with a river view and end your day with breathtaking sunsets, A LR is on the main floor with large kitchen, two bedrooms, laundry and full bath upstairs. An extra room in the basement offers extra living space. PLUS: An updated one-bedroom apartment fronts on King Street, offering extra income or use it as an in-law suite or as an office. This building has been renovated to building code and is ready for you to reap the rewards! A walkable community, proximity to Highway 17, local park, sandy beach, marina, post office, school and church. Upstairs apartment is vacant. The main floor, 1-bedroom apartment is rented at $785 per month to a lovely tenant. All appliances included. Two sheds on the property. Note that some furnishings in 2-bedroom apartment can be included. 24 hours irrevocable on all offers.

Sold data

Homes in L Orignal — recent sold market

Homes in L Orignal took a median of 32 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 72, across 49 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $449,900.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$449,900
Sale-to-list ratio
98.3%
Sold above asking
12%

Based on 49 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 1040-1042 KING STREET