Added 2 months ago
-
Type: Other
-
Style: 3-Storey
-
Size: 5000 sqft
-
Lot Size: 0 x 0
-
Age: 100+ years
-
Taxes: $6,413 per year
-
Days on Site: 1 Days
-
Added: Sep 16, 2024 (2 months ago)
-
Updated:
-
Last Checked: 2 hours ago
-
MLS®#: X9353133
-
Listed By: Keller williams referred urban realty
This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you dont want to miss!
Extras
Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others.
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
Schedule a Private Tour -
Contact Us
Property
Status: Sale
Property Type: Other
Style: 3-Storey
Size (sq ft): 5000
Age: 100+
Area: West Nipissing
Availability Date: Immediate
Inside
Air Conditioning: None
Fireplace: No
Utilities
Electricity: Available
Gas: Available
Cable: Available
Telephone: Available
Building
Basement: Apartment
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Elevator: N
UFFI: No
Water Supply: Municipal
Physically Handicapped-Equipped: N
Special Designation: Unknown
Retirement: N
Parking
Driveway: Available
Garage Type: Other
Covered Parking Spaces: 12
Total Parking Spaces: 12
Fees
Tax Year: 2023
Tax Legal Description: LT 17 W/S KING ST PL 11 SPRINGER S/T NB158959; WEST NIPISSING ;
Taxes: $6,413
Highlights
Feature: Lake/Pond
Feature: Park
Land
Cross Street: King St. and Queen S
Municipality District: West Nipissing
Fronting On: West
Pool: None
Sewer: Sewers
Very Walkable
- Most errands can be accomplished on foot.
Bikeable
- Some errands can be accomplished on bike.
Our Lady of Sorrows Separate School
Elementary: CatholicÉcole séparée Ste-Marguerite-d'Youville
Elementary: CatholicÉcole publique Jeunesse-Active
Elementary: PublicÉcole séparée La Résurrection
Elementary: CatholicWhite Woods Public School
Elementary: PublicÉcole élémentaire catholique St-Joseph
Elementary: CatholicÉcole secondaire Northern
Secondary: PublicNorthern Secondary School
Secondary: PublicÉcole secondaire catholique Franco-Cité
Secondary: CatholicÉcole secondaire catholique Algonquin
Secondary: CatholicChippewa Secondary School
Secondary: PublicSt Joseph-Scollard Hall Secondary School
Secondary: Catholic-
Bush Sales Ltd
Sturgeon Falls ON 4.53km
-
Banque Nationale du Canada, Succursale
205 King St, Sturgeon Falls ON P2B 1R8 0.12km -
National Bank
205 King St, Sturgeon Falls ON P2B 1R8 0.12km -
Banque Nationale du Canada
205 King St, Sturgeon Falls ON P2B 1R8 0.14km