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Renanza Realty
For sale

173 KING STREET

West Nipissing (Sturgeon Falls), Ontario

MLS® X13537210

$749,900

Status
Active
Property type
Multi-family
MLS® number
X13537210
Bedrooms
Bathrooms
Year built

Listing description

Outstanding investment opportunity in the heart of Sturgeon Falls! This fully tenanted mixed-use property at 173 King St. features 2 commercial units and 6 residential apartments on a generous 66' x 132' lot just of Highway 17.

Investors will appreciate the turn key potential of this solid asset with C1 zoning, which currently generates strong financial returns with a gross performance showing excellent revenue stability. The property completely eliminates parking headaches for tenants and patrons by featuring 12 dedicated spaces. Don't miss out on adding this high-yield commercial asset to your portfolio in the growing community of West Nipissing.

Apartment #1: $779. 57/month. Apartment #2: $2015/month.

Apartment #3: $825. 19/month. Apartment #4: $1000.

89/month. Apartment #5: $1050/month. Apartment 6: $941.

87/month. Commerce #1: $986/month. Commerce #2: $920.

45/month.

Property summary

MLS® number
X13537210
Property type
Multi-family
Building type
Multi-Family
Square footage
8,859 sq ft
Land size
66 x 132 FT
Annual property taxes
$6,412.79
Days on market
50 days

Features & details

Heating
Forced air, Natural gas
Cooling
None

What would this home cost you?

Based on the $749,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,489 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Blue Sky Region Realty Inc., Brokerage, STURGEON FALLS.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.