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Renanza Realty
For sale

FAUQUIER - 27 GRZELA ROAD

Kapuskasing (Fauquier), Ontario

MLS® T12953068

$175,000

Status
Active
Property type
Multi-family
MLS® number
T12953068
Bedrooms
Bathrooms
3
Year built

Listing description

What an incredible opportunity to own a versatile property packed with potential in the heart of the community! This building offers a total of 2,520 sq. ft.

, 1,260 sq. ft. per floor (30x42), and sits on a generous 150 x 200 lot.

Whether you're looking for a mixed-use investment, a commercial venture, or a multi-residential conversion, this property is ready to deliver. The second level features a spacious, fully renovated apartment (2017-2018) with soaring ceilings, two large bedrooms, a dedicated laundry room, and a modern layout that feels both open and bright. Its currently occupied by a tenant, providing immediate rental income.

Access to the apartment is made easy with a stunning deck, built in 2017, that also serves as an additional exterior entrance. The main level, once used as a medical centre, includes three offices, a conference room, a kitchen, and 1. 5 bathrooms plus three separate exterior access points, including a ramp for added accessibility.

This space could continue as a commercial hub or be converted into residential units, depending on your vision. The basement is home to a sewing room used by municipal residents, along with utility and storage areas. Additional value is found in the detached 14x22 garage for extra storage.

Please note: the blue shed belongs to the upstairs tenant and is not included. This property offers plenty of outdoor space with room for future development or expansion. The roof was replaced in 2017, and the building is heated with a boiler system and equipped with a 200-amp electrical breaker panel.

The municipality is open to rezoning based on your proposed project, whether it's a full residential conversion or a blend of commercial and residential use. Don't miss out on this investment with endless possibilities!

Property summary

MLS® number
T12953068
Property type
Multi-family
Building type
Multi-Family
Square footage
2,520 sq ft
Land size
0.69 acres
Annual property taxes
$6,332.20
Days on market
168 days

Features & details

Heating
Hot water radiator heat, Natural gas
Cooling
None
Appliances
Washer, Dryer

What would this home cost you?

Based on the $175,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$814 /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 RE/MAX CROWN REALTY (1989) INC, Timmins.

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.