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Renanza Realty
For sale

1012 VICTORIA AVENUE E

Thunder Bay (McKeller Park), Ontario

MLS® X13656800

$419,000

Status
Active
Property type
Multi-family
MLS® number
X13656800
Bedrooms
Bathrooms
0
Year built

Listing description

5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro.

Apt 1 vacant/demolished (prev. $1,127. 50).

Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances).

No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018.

Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO***

Property summary

MLS® number
X13656800
Property type
Multi-family
Building type
Other
Land size
33 x 118 FT
Annual property taxes
$3,984.00
Days on market
37 days

Features & details

Heating
Natural gas, Other
Basement
Other, See Remarks, N/A
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Stucco

What would this home cost you?

Based on the $419,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,950 /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 Royal LePage® Lannon Realty, Thunder Bay.

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.