Rare waterfront investment opportunity on the Mattagami River featuring four residential units, a large three-bay garage, and a commercial-quality hut, all situated on nearly 10 acres of land. The property includes a four-unit residential building with current all-inclusive rents of $1,100, $1,200, and $800, providing steady income. The commercial hut, measuring 60 by 45 feet, is currently leased under a triple net agreement at $3,955 per month, offering excellent cash flow. A standout feature is the large section of land located directly across the river, which is accessible and offers potential for future development, recreational use, or further investment. With multiple income streams, riverfront access, and nearly 10 acres of space, this property presents a unique and versatile opportunity for investors, business owners, or anyone looking to secure a valuable piece of real estate in a scenic and strategic location. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0 (id:4069)
Address
2301 AIRPORT ROAD
List Price
$1,199,999
Property Type
Multi-family
Type of Dwelling
Other
Style of Home
Bungalow
Transaction Type
sale
Area
Ontario
Sub-Area
Timmins (tnw Rural)
Bedrooms
7
Bathrooms
4
Floor Area
30,003,500 Sq. Ft.
Lot Size
1031.3 FT Sq. Ft.
MLS® Number
T12256882
Listing Brokerage
REALTY NETWORKS INC.
Basement Area
Full
Postal Code
P4N7C3
Zoning
EA-CH, RD-HAZ, RD-HAZ (SP6.43)
Site Influences
Waterfront, View
Features
Irregular lot size
Amenities
Fireplace(s)
