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Investment signal

$549,000

18 KING Street Unit# A&B

Save this home

Beds

4

Baths

2

Sqft

Year

1868

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cayuga. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 18 King Street, a rare duplex opportunity in the heart of Cayuga. Perfectly situated just steps from the Grand River and within walking distance to local shops, schools, parks, and amenities, this property offers exceptional convenience and lifestyle appeal. This side-by-side duplex provides outstanding versatility for homeowners and investors alike. Whether you choose to live in one unit and rent the other, rent both for a strong income stream, or create the ideal multigenerational living setup, this property adapts to your needs. With residential and commercial zoning, the potential here is truly remarkable, offering flexibility for future development or business use. Each townhome-style unit features: 2 spacious bedrooms. 1 full bathroom. One dedicated parking spaces. A generously sized private backyard—perfect for entertaining, gardening, or family enjoyment. Well-located, highly functional, and full of opportunity, 18 King Street is a property with endless possibilities. Don’t miss your chance to explore all that this unique property has to offer. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
Row / Townhouse
Community
620 - Cayuga
Common interest
Freehold
Living area
2,302 square feet
Bedrooms
4 above grade, 0 below grade
Parking
2 total
Stories
2
On market
Dec 8, 2025
Status changed
Apr 21, 2026
Annual tax
$2,529
Zoning
H A8
Photos
28
MLS#
40792729
Area
CAYUGA

Features and systems

Parking

NoneVisitor Parking

Basement

UnfinishedPartial

Appliances

DishwasherStove

Heating

Forced airNatural gas

Cooling

Window air conditioner

Exterior

Brick

Foundation

Stone

Lot

Conservation/green beltCrushed stone driveway

Community

Quiet Area

Security

Smoke Detectors
Negative cash flow ~$488/mo at these assumptions

Cash on cash

-5.34%

Cap rate

3.80%

GRM

15.8

Break-even rent

$3,414

Financing

Down payment$109,800
Loan amount$439,200
Mortgage$2,225/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252
Insurance$80
Maintenance$458
CapEx reserve$229
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,225/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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