45 Murray ST
Blind River, Ontario
MLS® SM252788
$3,600,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SM252788
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1997
1 / 26Listing description
This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community.
The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway.
The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition.
The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market.
Property summary
- MLS® number
- SM252788
- Property type
- Multi-family
- Square footage
- 28,200 sq ft
- Land size
- 1.37 acres
- Built in
- 1997
- Annual property taxes
- $22,924.00
- Parking
- Parking Space(s), Gravel, Surfaced
- Days on market
- 334 days
Features & details
- Heating
- Forced air, Natural gas
- Basement
- None
- Exterior features
- Brick, Vinyl
- Lot features
- Wheelchair access
What would this home cost you?
Based on the $3,600,000 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 Remax Sault Ste. Marie Realty Inc., Sault Ste. Marie.
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.