New Listing
Description
Discover the potential of this spacious triplex offering three generous 3-bedroom units, each approximately 1,000 sq. ft. Whether you're looking to expand your investment portfolio or step into homeownership with mortgage-supporting rental income, this property presents an excellent opportunity. Live in one unit while rental income helps offset your mortgage, or maximize the income potential by adding this property to your investment portfolio. Unit #3 is occupied by a reliable long-term tenant who would love to stay, while Unit #1 is currently rented on a month-to-month basis. The tenants in Unit #2 are prepared to vacate upon finding suitable accommodations, offering potential flexibility for an owner-occupant or investor. Bathrooms in Units #1 and #2 have been beautifully renovated, while the property also features newer flooring, windows, doors, hot water tanks, and a newer rental water softener. Situated on a spacious lot with no water bills, this property offers both value and versatility. Conveniently located near Larchwood Public School and École Élémentaire Saint-Étienne, the area is ideal for families and long-term tenants alike. With Northern Ontario's strong mining industry nearby, this property may also appeal to miners and shift workers seeking affordable multi-unit housing close to work. A fantastic opportunity offering versatility, rental income potential, and long-term value for both investors and owner-occupants. (id:13843)
Details
| MLS # | 2131184 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE | STEPHANIE DESRIVIERES |
Features
| SQ Feet | 2,500 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | RU |
Interior
| Heating | Boiler |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Security Features | Smoke Detectors, Full Sprinkler System |
|---|---|
| Roof | Asphalt shingle, Unknown |
| Foundation Details | Concrete Perimeter |
Parking
| Parking Features | Detached Garage, Parking Space(s) |
|---|
Utilities
| Sewer | Septic System |
|---|---|
| Water Source | Drilled Well |
Area Information
| Province | ON |
|---|---|
| City | Onaping |
| Postal Code | P0M2R0 |
| Listing VS Median (in P0M2R0) | |
Price: $469,900 low | high Med: $429,900 sqft: 2,500 low | high Med: 1,100 $ / sqft: $188 low | high Med: $391 On site: 1 low | high Med: 35 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Onaping |
| Postal Code | P0M2R0 |
| Listing VS Median (in P0M2R0) | |
Price: $469,900 low | high Med: $429,900 sqft: 2,500 low | high Med: 1,100 $ / sqft: $188 low | high Med: $391 On site: 1 low | high Med: 35 | |
