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21 King Street

21 King Street

Cramahe, ON

10,000 sqft • Investment • 57 days on market

$1,590,000

Mixed use investment property in Colborne Ontario. This 3 retail/5 apartment unit has had many recent upgrades, is fully tenanted and is located in the centre of the downtown area. Showing a solid CAP rate at the list price, this property is a solid investment opportunity for the shrewd buyer.

Listing Details

Taxes (2025)
$9,118
Listed
July 1, 2026

Price History

Property

Lot Size
51.86 x 209 Feet

Utilities

Sewer
Sanitary+Storm Available

Location & Legal

Cross Street
25 & King
Zoning
VC
Parcel Number
511410339
Possession
Flexible

Commercial

Occupancy
Tenant
Office / Apartment Area
60 %

Included

Inclusions
all current landlord owned appliances and fixtures.

Community

Postal area K0K

Population
115,850
Private dwellings
53,153
Median age
50.8
Average household size
2.4
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cramahe · last 12 months

Median sold price
$650,000
Homes sold
105
Median days on market
42
Sale-to-list price
97.3%

Based on 105 recorded sales of commercial properties in Cramahe over the last 12 months.

Listed by

Royal Lepage Proalliance Realty

Location

Commercial figures

Building area
10,000 sq ft
Price per sq ft
$159.00
Annual property tax
$9,118
Tax per sq ft
$0.91

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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