Fantastic and unique opportunity to get two homes in beautiful Sturgeon Falls! Whether you are looking for an investment property or would like to live in one home and create a supplemental income, this lovely property gives you the options! Located just a short walk to all local amenities, you will find this compelling home. The Main home itself consists of two levels, with acrawl space and partial basement area. On the main level you will find a large living and dining room, along with kitchen, a beautiful four-piece bathroom, as well as a hallway leading to the second home at the rear if desired. Most of the flooring throughout is hardwood and ceramic. On the second level we have three bedrooms, including an ensuite with large jacuzzi tub for the primary bedroom, as well as laundry room. This home has a new roof from 2024, newer furnace, and has retained some of the old charm with large baseboards and high ceilings. With the second home attached to the rear, you will find two large bedrooms on the main level to go along with the spacious kitchen, and then a large rec room, laundry area, and third bedroom on the lower level. Outside there is huge, insulated shed that can be transformed into just about anything, as well as a patio and mostly fenced yard. Don't miss out on this great opportunity! (id:44373)
Welcome to an exceptional investment opportunity in the heart of Bonfield! This impressive income property boasts five individual units, offering a total of eleven spacious bedrooms, making it an ideal choice for savvy investors looking to capitalize on the thriving real estate market. Each unit is thoughtfully designed for both comfort and functionality, featuring well-appointed bedrooms that provide tenants with a cozy and private retreat. The property is meticulously maintained, ensuring a hassle-free ownership experience for landlords and a comfortable living environment for tenants. The exterior of the property is equally impressive, with a well-manicured landscape and ample parking space for residents. The strategic location of this income property ensures easy access to essential amenities, schools, and recreational facilities, making it an attractive option for potential tenants. Investors will appreciate the steady stream of rental income generated by this property, thanks to its multiple units and desirable location. With a strong rental history and positive cash flow potential, this income property presents a lucrative opportunity to diversify your investment portfolio and secure long-term financial success. Don't miss out on this chance to own a prime piece of real estate in Bonfield a property that combines comfort, convenience, and a promising return on investment. (id:44373)
This recently renovated property is a great opportunity for an investment or to owner occupy with some help with the mortgage. The main floor features 2 bedrooms with a den and living room. Main floor also has access to the unfinished basement for laundry and storage. The separate entrance that leads upstairs, you will find 3 bedrooms with a living room and a second kitchen. This property has received several upgrades including weeping tile, furnace, A/C and roof. The main floor unit was fully renovated in 2022 including the paint, flooring, plumbing, wiring, etc. Don't miss this great opportunity! (id:44373)
If you've been searching for the perfect opportunity to enter the investment market, this property could be your ideal match. Priced competitively, this legal, non-conforming all-brick triplex offers a gross income of $41,086 and an impressive 8% cap rate. The property is centrally located offering easy access to shopping, schools, and a full range of amenities. Its prime location along a public transit route makes it an excellent choice for tenants without vehicles. The main floor features a recently renovated, vacant 3-bedroom unit, ready for new tenants or an owner looking to live on-site while benefiting from rental income. The second-floor 2-bedroom unit and third-floor bachelor unit are both occupied by reliable long-term tenants. For added peace of mind, each unit is separately metered. The partially finished basement offers added storage for the owners belongings. Overall this property offers everything you need to start your rental property portfolio. Coin Operated Laundry generates approx. $1000 annually. Rents are: Bachelor:$717(inclusive of Hydro), 2 Bed: $841+Hydro, 3 Bed (projected as currently vacant): $1,850+Hydro. (id:44373)
Looking for your next investment property? Discover the potential of a charming duplex with an in law suite nestled in the heart of Sturgeon Falls, offering immediate rental income opportunities at an amazing cap rate! This property offers a two level spacious unit with two bedrooms on the second floor, a one bedroom unit on the main floor and two bedroom unit on the second floor. Each unit benefits from thoughtful layouts maximizing both comfort and privacy. A sizeable detached 24 x 24 garage provides ample space for storage, and there's plenty of parking on the property. Enjoy the ease of having major amenities within close reach: a secondary school and a grocery supermarket are just short strolls away, adding a layer of convenience to everyday living. Situated in a friendly neighbourhood that invites leisurely walks and community interaction, this multi-family home is not just a residence but a place where memories are waiting to be made. Seize the opportunity to invest in this welcoming community. Want more info? Contact your favourite Real Estate agent today! (id:44373)
Searching for the perfect opportunity to enter the investment market? This could be the opportunity you've been waiting for! Priced competitively, this legal, non-conforming all-brick triplex offers a gross income of $41,086 and an impressive 8% cap rate. The property is centrally located offering easy access to shopping, schools, and a full range of amenities. Its prime location along a public transit route makes it an excellent choice for tenants without vehicles. The main floor features a recently renovated, vacant 3-bedroom unit, ready for new tenants or an owner looking to live on-site while benefiting from rental income. The second-floor 2-bedroom unit & third-floor bachelor unit are both occupied by reliable long-term tenants. For added peace of mind, each unit is separately metered. The partially finished basement offers added storage for the owners belongings. Overall this property offers everything you need to start your rental property portfolio. Coin Operated Laundry generates approx. $1000. Rents are: Bachelor:$717(inclusive of Hydro), 2 Bed: $841+Hydro, 3 Bed: $1,850+Hydro(Projected as Currently Vacant). (id:44373)
Want a cash flowing property that meets the 1% rule with room to lift value further? This property currently offers 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. Seller also willing to hold a second VTB mortgage to cover your down payment. (id:44373)
Want a cash flowing property that meets the 1% rule with room to lift value further? This property currently offers 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. Seller also willing to hold a second VTB mortgage to cover your down payment. (id:44373)
Fantastic Investment Opportunity - Triplex. Discover this triplex offering a solid opportunity to kickstart or expand your rental portfolio. With positive cash flow already in place and the ability to increase rents to market value as tenancies turn over, this property is a smart, income-generating asset. Each tenant pays their own rent and utilities (Separate meters), with the exception of water keeping operational costs manageable for the owner. A shared laundry room adds convenience for tenants, while the property's C2 zoning allows for a wide range of potential future uses, adding to its versatility and long-term value. Don't miss out on this flexible and financially sound investment! (id:44373)
Fantastic Investment Opportunity - Triplex. Discover this triplex offering a solid opportunity to kickstart or expand your rental portfolio. With positive cash flow already in place and the ability to increase rents to market value as tenancies turn over, this property is a smart, income-generating asset. Each tenant pays their own rent and utilities (Separate meters), with the exception of water keeping operational costs manageable for the owner. A shared laundry room adds convenience for tenants, while the property's C2 zoning allows for a wide range of potential future uses, adding to its versatility and long-term value. Don't miss out on this flexible and financially sound investment! (id:44373)
Attention investors! Welcome to this legal duplex, offering two 2-bedroom, 1-bathroom units, each with separate hydro meters--a perfect opportunity for investors or homeowners looking to generate rental income. Property fully gutted to studs with full reno in 2019, showcasing modern finishes and functional layouts. The front unit is currently tenanted, providing immediate rental income, while the back unit is vacant, allowing for new tenants at market rent. (id:44373)
Fourplex in the heart of North Bay. Whether your a seasoned investor or hoping to pick up your first income property, this unit has many positives going for it. Large sloping lot with room for backyard storage, parking for each unit and on a bus route. With 4 units - 1x3bedroom, 1x1bedroom, 2x2bedroom. Live in one, rent the others? (id:44373)
Investment Opportunity - 6 units: 5 residential & 1 commercial. Annual Net Income $82,890.25. (2) 3 bedroom, (4) 2 bed, (1) 3 bed. 1150 Sqft commercial unit. This building has been thoroughly renovated over the past 7 years. All windows, kitchens, bathrooms and flooring, roof (membrane) 2016. heating (boiler) 2023, hot water tanks 2022. Income / Expense and Rent Roll available to qualified buyers. (id:44373)
7 Bathroom6,500 ft2
RE/MAX Crown Realty (1989) Inc. RE/MAX Crown Realty (1989) Inc
Legal Non-Conforming Duplex in an excellent location. Solid construction. Kitchen cabinets and flooring (2018) in the lower unit, lower unit bathroom renovated 2021 with a new tub with porcelain tub surround and flooring, 25 year shingles in 2016. New eaves troughs with leaf guards spring 2024.Laundry is in the lower unit #B. Long term tenants approx 10 years, and 34 years. Both would like to stay. 2 sheds on the property, the large shed is divided in two with 2 doors for the tenants, the 2nd for use by the landlord. Rents Apt A $1043.45 APT B $973 PLUS tenants pay hydro and hot water tank rentals. Tenants take care of the yard and snow removal. Last increase applied November 1, 2024 (id:44373)
Attention investors! Legal 7 unit apartment building consisting of 3-2 bedroom 3-1 bedroom and 1 bachelor apartment, all rented out with market rents and tenants pay their own heat and hydro. This well maintained property currently generates $109,080 in gross income translating to $83,863 in net operating income. Offered for sale at an impressive 8.6% rate of return. There is a mandatory Assumable Mortgage at 5.1% with a 45 year Amortization with approx $840,000 balance which helps give you lower monthly payments and increased monthly cash flow. This property is centrally located, has had many upgrades and improvements and is ready for new management. This is a property any savvy investor would love to own. (id:44373)
Legal Non-Conforming Duplex in an excellent location. Solid construction. Kitchen cabinets and flooring (2018) in the lower unit, lower unit bathroom renovated 2021 with a new tub with porcelain tub surround and flooring, 25 year shingles in 2016. New eaves troughs with leaf guards spring 2024.Laundry is in the lower unit #B. Long term tenants approx 10 years, and 34 years. Both would like to stay. 2 sheds on the property, the large shed is divided in two with 2 doors for the tenants, the 2nd for use by the landlord. Rents Apt A $1043.45 APT B $973 PLUS tenants pay hydro and hot water tank rentals. Tenants take care of the yard and snow removal. Last 12 months expenses that the Landlord pays- Water $1469.44 Gas $$1654.84 and Insurance $2205.48. Last increase applied November 1, 2024 (id:44373)
Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61,800 in gross income per year providing a net operating income of almost $43,000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio. (id:44373)
Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61,800 in gross income per year providing a net operating income of almost $43,000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio. (id:44373)
332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity. (id:44373)
Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with great rental potential, this fully rented 3-unit 3-bedroom row-house on Bonnechere St. in Renfrew is a promising investment opportunity. Situated in the heart of Renfrew, this charming property exudes character and boasts a timeless brick exterior. Adding to its overall appeal inside, you'll find well-maintained interiors with plenty of natural light flowing through the windows, creating a warm and inviting ambiance. Its prime location is unparalleled, and with the convenience of being just a short stroll away from downtown, residents will have easy access to a wide array of shops, restaurants, and entertainment options. Additionally, this sought-after neighourhood offers excellent schools, pars, and recreational facilities, making it an ideal choice for families. Don't miss the chance to seize the potential of this remarkable property in the thriving community of Renfrew. (id:44373)
Looking for a cash-flowing property that meets the 1% rule? Consider how the cash flow could improve as interest rates decline. This turnkey 13-unit residential complex sits on a 1 acre lot and includes a newly renovated 3-bedroom stand-alone home, along with a 12-unit main building rezoned in 2022. The main building features 11 bachelor units and one, 1-bedroom unit. Gross rents total $137,452, with expenses for property management, vacancy, and maintenance estimated at $53079, resulting in a net income before mortgage of $78,875. Currently, 7 of the units are at or near market rent, offering the new owner potential for increased returns as the remaining 5 tenants transition. Supporting documents include new shingles with ice guard (2023), a site plan control showing all buildings and parking, water testing and well reports, zoning confirmations, a 2014 fire retrofit, and a detailed income and expenses report. The 3-bedroom house has received occupancy permits following fire remediation and renovations, all completed to current code, including electrical, gas furnace, framing, and drywall. The property also includes 5 older septic systems and a drilled well with engineering reports meeting MOE guidelines. (id:44373)
Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building. (id:44373)
Looking for a cash-flowing property that meets the 1% rule? Consider how the cash flow could improve as interest rates decline. This turnkey 13-unit residential complex sits on a 1 acre lot and includes a newly renovated 3-bedroom stand-alone home, along with a 12-unit main building rezoned in 2022. The main building features 11 bachelor units and one, 1-bedroom unit. Gross rents total $137,452, with expenses for property management, vacancy, and maintenance estimated at $53079, resulting in a net income before mortgage of $78,875. Currently, 7 of the units are at or near market rent, offering the new owner potential for increased returns as the remaining 5 tenants transition. Supporting documents include new shingles with ice guard (2023), a site plan control showing all buildings and parking, water testing and well reports, zoning confirmations, a 2014 fire retrofit, and a detailed income and expenses report. The 3-bedroom house has received occupancy permits following fire remediation and renovations, all completed to current code, including electrical, gas furnace, framing, and drywall. The property also includes 5 older septic systems and a drilled well with engineering reports meeting MOE guidelines. All supporting documents on file and ready to send by email. (id:44373)
Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building. (id:44373)
