118 DUGAS Road, East Ferris | Image 1

118 DUGAS Road

East Ferris, East Ferris

  • Commercial

$XXX,XXX
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RLS

  • Age: 51-99 years

  • Taxes: 7698

  • MLS®#: X10708109

  • Days on Site: 131 Days

  • Added: Aug 14, 2024 (5 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: Royal LePage Northern Life Realty, Brokerage

Welcome to 118 Dugas Rd. a multi-unit waterfront four-plex nestled on the shores of beautiful Trout Lake in Corbeil. The setting provides a close proximity to North Bay and consists of 2-2 bedroom and 2-1 bedroom apartments. The building is fully occupied with month to month tenancies and gross rents of $64,440 annually. Constructed in 1959 this waterfront four-plex has 125 feet of shoreline with an easterly exposure. Seller would entertain a vendor take-back.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: East Ferris

  • Community: East Ferris

  • Availability Date: 30-59Days

  • Assessment Amount: $529,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 5

  • Air Conditioning: None

  • Washrooms: 5

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Water Supply Type: Lake/River

Parking

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART BROKEN LOT 14 CONCESSION 15 EAST FERRIS AS IN LT23374 EXCEP

  • Taxes: $7,698

  • Expenses: Est

  • Insurance Fee: 10000

  • Operating Fees: 29000

  • Hydro Expense: 1000

  • Heat Expenses: 9000

  • Other Expenses: 500

Land

  • Cross Street: Hwy 17 East to Cente

  • Municipality District: East Ferris

  • Parcel Number: 491830737

  • Sewer: Septic

  • Lot Depth: 93 Feet

  • Lot Frontage: 125 Feet

  • Zoning: RLS

Commercial Specific

  • Total Area: 3800

  • Total Area Metric: Sq Ft

JK-6

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