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Renanza Realty
For sale

5A, 5B, 7 Margaret

Mindemoya, Ontario

MLS® 2129053

$3,375,000

Status
Active
Property type
Multi-family
MLS® number
2129053
Bedrooms
Bathrooms
Year built

Listing description

Amazing Investment Opportunity in the town of Mindemoya on Manitoulin Island. Have you ever dreamed or wanted to be a Landlord or expanded your investment ownerships? Well this is an opportunity that cannot be missed.

Located on Margaret Street in the town of Mindemoya are 3 separate apartment phases. Each Phase has 5 units. They were all built with quality workmanship, precision and attention to detail.

Each unit has approximately 1175 square feet of cozy comfortable living space. These units all have 5 appliances, laminate engineered flooring, in-floor radiant heat, a patio with a privacy fence, single car garage, utility area and visitor parking. The buildings all have a metal roof and vinyl siding and make life easier being all on one level.

They have competitive rental rates making this an ideal location for a transition into retirement living. There is a short walk or drive to the local grocery store, hospital, schools, pharmacy etc. Don't let this investment opportunity waste!

Property summary

MLS® number
2129053
Property type
Multi-family
Title
Freehold
Land size
199.68
Parking
Attached Garage
Days on market
72 days

Features & details

Heating
In Floor Heating
Basement
None
Flooring
Laminate
Exterior features
Vinyl siding

What would this home cost you?

Based on the $3,375,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$15,703 /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 THE ISLAND REAL ESTATE BROKERAGE, SPRING 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.