Homula Realty Brokerage
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97 King Street, Kawartha Lakes, ON K0M 2T0

Commercial Retail
$1,599,000

Prime Mixed-Use Investment Opportunity in the Heart of Woodville. Welcome to 97 King Street in the charming and growing village of Woodville, where small-town charm meets exciting growth. With new residential developments and subdivisions expanding the community, this prominent main Street location offers an outstanding opportunity for investors seeking a stable, income-producing property. This impressive 5,000+ sq. ft. plus mixed-use commercial building is fully tenanted, providing immediate rental income. The main level features two established commercial tenants-a popular restaurant and a hair salon-benefiting from excellent visibility and steady traffic along the village's busy main thoroughfare. The upper level is home to four residential apartments, creating multiple revenue streams and enhancing the property's long-term investment appeal. Extensively updated throughout, this well-maintained building reflects pride of ownership and offers peace of mind for the next owner. Each unit is equipped with separately metered hydro, allowing for efficient utility management and simplified tenant billing. Rich in character and prominently situated in Woodville's historic downtown, this landmark property also reflects the area's heritage and architectural significance while offering strong income potential for years to come.

MLS number
X13532614
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
K0M 2T0
Photos
49
Property tax
$4,327 / year
69days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$319,800 · minimum here is $319,800
$7,080.03per month
Borrowed before insurance$1,279,200
Total borrowed$1,279,200
Interest over 25 years at 4.5%$844,808

If you rented it out

-$7,440.61per month out of pocket
Rent$0.00
Everything it costs to hold$7,440.61
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Ball Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.