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$589,900
Status: For Sale
Attention investors! A rare find in deed yielding around 10% cap rate and zoned both residential and commercial. Lots of possibilities situated on a great lot accommodating roughly 10 vehicles. This legal, low maintenance triplex currently has 2 units empty! Pick your own tenants, Historically each unit has been rented for $2,300.00 plus Hydro! Unit 641 has been fully renovated from top to bottom! Third unit 645 currently occupied by a long term tenant in great standing, paying $1,621.00 per month plus Hydro. The entire property is heated by 1 boiler system, easy to service and well maintained . Very low maintenance exterior with minimal grass. Lots of updates done recently including reno's, paint, roof, electrical panel, appliances and much more. Each unit has their own laundry and basement area for storage. This is the one to add to your portfolio. You can live in one unit and possibly live for free with the income!!! Don't miss out
| Property Type | :Commercial |
|---|---|
| MLS Number | :X13799122 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :18 Sep, 2026 (11 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Nipissing |
|---|---|
| Postal Code | :
P1B 1C1
|
| Price | : $589,900 |
|---|---|
| Property Taxes | :$4258.0 |
| Tax Year | :2026 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Gas Hot Water |
| Cross Street | :JOHN ST & MAIN ST E |
| Fireplace/Stove | :No |
|---|
17 Sep, 2026
TREB #X13799122
Listed
$589900.0
