222 WHITEWOOD AVENUE
Temiskaming Shores (New Liskeard), Ontario
MLS® T13533958
$495,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- T13533958
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
1 / 25Listing description
Legal and conforming triplex offering an excellent investment opportunity in a desirable New Liskeard location. Current rental income is $2,950/month from two occupied units, with the vacant lower-level apartment providing immediate rental potential estimated at approximately $1,100/month, for a total potential gross income of approximately $4,050/month ($48,600 annually). Main floor 2-bedroom apartment rents for $1,450/month all inclusive.
Upper 3-bedroom apartment rents for $1,500/month all inclusive. Owner pays all utilities. 2025 expenses: Taxes $5,880, Insurance $2,200, Hydro $1,800, Gas $1,960, Reliance $350, Snow Removal $800.
Recent improvements include new flooring in Apartments #2 and #3 (approximately $14,000) and washer/dryer hookups in Apartments #1 and #3. Existing tenants are on one-year leases. Basement apartment is vacant, offering immediate occupancy for an owner or the opportunity to establish current market rent.
Please allow sufficient notice for tenant-occupied units.
Property summary
- MLS® number
- T13533958
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 33 x 132 FT
- Annual property taxes
- $5,880.00
- Parking
- 3 spaces · No Garage
- Days on market
- 72 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Apartment in basement, N/A
- Exterior features
- Asbestos, Wood
What would this home cost you?
Based on the $495,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 TEMISKAMING PLUS BROKERAGE, New Liskeard.
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.