71-85 King Avenue E, Clarington, ON L1C 1R2
$3,375,000
$3,375,000

71-85 King Avenue E

Newcastle, Clarington, Durham $3,375,000

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2 Baths
Outside/Surface Garage
Zoning: Commercial C-133
MLS®#:
E12841596
Property Type:
Commercial Retail
Property Style:
Area:
Durham
Community:
Newcastle
Taxes:
$52,768.29 / 2025
Added:
March 03 2026
Lot Frontage:
82
Lot Depth:
165
Status:
Active
Outside:
Year Built:
Brokerage:
Royal LePage Frank Real Estate
Lot :

165

82

BIG LOT

Intersection:
King Avenue E / Beaver St S
Rooms:
Bedrooms:
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

Solid Investment Opportunity @ Prime Location in the Heart of Newcastle Village Surrounded by National Retail Anchors like LCBO, No Frills, CIBC, Shoppers Drugmart. Mixed-Use building with flexible zoning: includes 6000 SQFT commercial & 11 Apartments including both 1 bedroom and 2 bedroom options. All Commercial Tenants on NET leases, and all Residential Tenants Pay Separate Utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in Renewal Rates!

Survey, Rent roll.

Insights

  1. Prime Location: The property is situated in the heart of Newcastle Village, surrounded by well-known national retail anchors such as LCBO, No Frills, and Shoppers Drug Mart, ensuring high foot traffic and visibility.
  2. Solid Investment with Mixed-Use Potential: This mixed-use building features 6,000 SQFT of commercial space and 11 residential apartments, providing diverse income streams and flexibility for future development or leasing strategies.
  3. Recent Upgrades and Maintenance: The building is in great condition with recent upgrades to electrical systems, roofing, and fire escapes, reducing immediate maintenance concerns and enhancing long-term value.

Neighborhood Overview

Complete neighborhood profile for 71-85 King Avenue E

Newcastle home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Newcastle
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)