Rare opportunity to own a unique commercial and residential property situated on 10 acres of farm-zoned land along the beautiful Mattagami River, offering exceptional versatility and strong income potential. This four-unit residential building features a two-bedroom unit currently rented at $1,900 all-inclusive. There is also a vacant three-bedroom unit with an estimated rental potential of $2,100 all-inclusive. The owner-occupied one-bedroom unit could generate approximately $1,600 all-inclusive, and a vacant one-bedroom loft apartment with potential rental income of $1,100 all-inclusive. In addition, the on-site shop space is currently vacant and was previously leased for $3,000 per month on a triple net basis, providing excellent commercial income opportunity. With riverfront setting, expansive acreage, and multiple revenue streams, this property presents a rare chance for investors or owner-operators to capitalize on both residential and commercial potential. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0 (id:4069)
Address
2301 AIRPORT ROAD
List Price
$999,990
Property Type
Multi-family
Type of Dwelling
Multi-family
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Timmins (tnw Rural)
Bedrooms
7
Bathrooms
4
Floor Area
3000 - 3500 Sq. Ft.
Lot Size
1031.3 FT Sq. Ft.
MLS® Number
T12803276
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)
