690 Highway 144
Onaping, Ontario
MLS® 2131184
$469,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 2131184
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 44Listing 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.
Property summary
- MLS® number
- 2131184
- Property type
- Multi-family
- Title
- Freehold
- Parking
- Detached Garage, Parking Space(s)
- Days on market
- 3 days
Features & details
- Heating
- Boiler
- Basement
- Full
- Flooring
- Hardwood, Laminate
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $469,900 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 ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE, SUDBURY.
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.